I'd like to ditto Tex's thanks to those who have spent
so much time on quality DD, particularly Maddog. And
Cabelaman, thanks for sharing your Pacer info with the
board. I know that's an expensive subscription.
A comment on DR's judgement. Over the past 10 years there
have been several times when DR had two choices: 1) give it
up (BK), or 2) take the only deal available, a bad one. Thus
we had Cornell and Greenblatt, among others. And that's where
we have been for the past year. The only lenders willing
to fund CTGI/LTC, no doubt want 50% of LTC for a million
$$ loan. That makes DR's current strategy look pretty good.
We'll know soon.
ByrneT, Jag, & Male: What do you think CTGI's PPS will be
at the close on January 4, 2010? I guess 33 cents.
