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Re: drifterfcrc post# 161116

Tuesday, 10/09/2007 2:16:26 PM

Tuesday, October 09, 2007 2:16:26 PM

Post# of 203990
Drfit...They will not necessarily sell it at this low pps. They can set a price and negotiate it with a buyer. If they do, the pps will automatically go up to the buyout price since it reflects the stock's fair market value.

IMO, this is the best exit strategy for Basu instead of hanging on until a new CEO comes on board and waiting for performance to reflect in the pps. He could be here for years and I don't think he plans to.

I am hoping this scenario plays out. It would be the best option for us as well.








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