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Re: iggs post# 10219

Monday, 09/24/2007 11:55:54 PM

Monday, September 24, 2007 11:55:54 PM

Post# of 57985
Do you feel that Roger's comments put us in a better position?

Possibly to probably.

Dr. Stoll frequently declines to answer questions or couches his answers to preserve confidentiality.

He would have done the same here had the situation warranted it.

Mgmt knows the details of the offers in the past and to date, so they are in the best position by far to know what is confidential info, what is common info, and what is inconsequential info.

Dr. Stoll's mention of a $30M to $50M upfronts range just told everyone that has submitted a lower offer, or has yet to submit one, what the ante is to get in the game.

When it gets to crunch time in the deal negotiations, BPs aren't going to cap their offers at $50M because of a comment Dr. Stoll made on an investor CC early in the offer process.

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