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Re: A deleted message

Saturday, 11/01/2008 7:22:10 AM

Saturday, November 01, 2008 7:22:10 AM

Post# of 92056
again, the stock is not for the faint of heart - no quick returns on anything here - it is a wait and see - $$ invested should be considered the same as what u would spend thowing a party for friends around a superbowl win of your favoirte team; my investment is the same as a monthly visit to costco/BJ's; It seems to me the offer they gave us allows us to participate in the future growth over time (if we are not in for a short term gain) we/they would want stability in the stock program and growth over time; since the perferred is a R/S of sorts; I have to believe the common as it exists now will go thru a BIGer R/S - bigger than the perferred as the new owner takes control; If we do land one of those contracts - it I suspect will not be with the common outstanding share structure we have today. I feel I can get back my investment and MORE in the longer term if I can wait it out (a crap shoot for me) - but then again if I bought 20 cases of Utica Club Beer - with that money - I might feel about the same, but not have a chance for a dollarized gain in the longer term.

On a side note - I bought KBR at 12.52, no debt, massive cash, a large backlog - it makes no diff who will get in office to that firm.