my guess is that he dumped a bunch at .02 or so :)
so, YES...I have no doubt he has cash...all I'm questioning is the validity of using cash to buy down an obsessvily bloated float instead of cleaning up the financial house.
We shall adamantly dissagree about your comment : the last thing Frank needs is the financials being disected by a bunch of idiots.
major heads of major cable and broadcasting networks are NOT idiots. They are savy, smart businesspeople. Think about it..if YOU were in charge of programming for Comcast, with limited channel availability..who would YOU open up a slot in your lineup to??? You can rest assuered that these CEOs are doing THEIR Due Dilligence in investigation the PEOPLE behind Q. Would YOU want to sign a multi-million dollar contract with someone who can't even be honest with their shareholders about the financial state of the company?
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