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Re: cwdanie post# 36058

Wednesday, 09/09/2009 9:44:00 PM

Wednesday, September 09, 2009 9:44:00 PM

Post# of 67237
I hope so too, and all indications are that business has been brisk for CEMJQ, the unknown is G&A expense and writedowns, etc... A wise management deals with bad news as quickly and fully as possible to get it behind them or unless it can be used to accomplish a strategic purpose, and I suspect those things have been done to properly manage expectations by what seems to be a stellar management team, but only time will tell. MOR's in the past haven't brought about big moves like things such as DIP financing or cleaning house has. I am glad to hear of the house cleaning, there is no better tool than BK to accomplish that.

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