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airbus300

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airbus300

Re: airbus300 post# 5

Friday, 10/31/2008 10:36:42 PM

Friday, October 31, 2008 10:36:42 PM

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Looks like they are only going to chop off 90-120 million from good will.

If you subtract the 120 million Good Will, you are left with 437 million in assets and 365 million in liabilities. ($72 million/ 12 million shares = $6 / share book value?)

Basically, I am just looking at the forceful gapping up of the share price each of the last couple of days, and the fact that this was at $5 per share just 8 trading days ago. Thirty dollars last 5 months??
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