Spartak, it's all about perception, and Coats ain't got a clue. He never understood why the companys stock is undervalued, and this R/S stinks of desperation. I hate to say it, but it wouldn't surprise me if this stock was selling for more than $1.50 by the end of the year. He sure knows how to blow the hell out of a company, and he did an excellent job of it at the last conference (or maybe the one before that) he went to.
Time to clean this company out, get rid of Coats, get rid of the blood-sucking BOD.
stockdoc