Sunday, October 14, 2007 9:08:47 PM
Certainly COR BOD might not approve of a $1.60 buyout if it is indeed an option. But seriously where is the leverage? If there exists no events that will drive value or share price what choice will they have? Either watch the funds dwindle or chase a finance deal at these levels which would surely further deteriorate the SP and company value in hopes of lasting yet another year. Again, unless something is in the forefront that is tangible, where are we going to get the cash from to move forward? A vicious cycle, I am afraid, is occuring.
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