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Alias Born | 11/09/2003 |
Tuesday, March 31, 2009 11:08:18 PM
Stoll and Coleman are in their sixties. I just don't see them selling out the company here on the cheap. They gain virtually nothing for all their years of work. Varney didn't come over to COR for six months severance pay. Nor did he come over to preside over COR's demise. Ditto for Tran and Street. Personally, I think these guys will take their best shot, whatever that may be exactly. There's just too much good stuff here to be thrown overboard for $.50/share.
They may as well dilute and then reverse split, rather than sell out here. It's nothing more than a hunch, but I think Varney and Co. want to make it through 2009, by whatever means necessary, and then let the chips fall where they may.
Bladerunner
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