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Re: lifegear post# 112

Wednesday, 05/14/2008 6:54:47 PM

Wednesday, May 14, 2008 6:54:47 PM

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LaSalle is in runoff. They were not expected to make it, but a few years ago, someone realized their assets were worth something and they were cash flowing and now the damn thing is 9 bucks a share.

This is key -- LSRAF is about to wind up and issue a cash payment to all parties. They did accelerated runoff proposal.
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