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Re: ordinarydude post# 9930

Friday, 06/20/2008 1:37:27 PM

Friday, June 20, 2008 1:37:27 PM

Post# of 97362
LOL I hope you are kidding. ONLY after a major RS. LIKE I said befor AVWI only has value as a shell. maybe 500K what JPT is worth is anyones guess. I would have guessed at least 35-60 million with good FINS. With BAD fins could be book value which is the value of the assets. With a company that has negative earnings its impossible to put a P/E on it. and I have to assume they are losing money if they are defaulting on a major loan.

This is not they forgot to pay the VISA card like some here have being posting. This default will have a direct effect on their ability to borrow money and at what rate and or terms. IMO