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Re: None

Monday, 11/26/2012 11:12:59 AM

Monday, November 26, 2012 11:12:59 AM

Post# of 97615
I am confident that the acquisition of MSE was a step in the right direction....but I suspect that as Jim was able to more accurately gauge the financial health, he found some landmines that were hidden before. That, plus the probable lack of cooperation of those authorized to "sign off" on the from the other side, threw up a red flag that Jim couldn't ignore. Thus the eventual fallout, thank goodness.

I suspect, that being the businessman that he is, Jim will cherry-pick the now bankrupt company for what will turn a profit, and leave the "hypersonic" end of the business to die on the vine.
We will be then be getting the "benefits" of an acquisition at a fraction of the cost. Or will it be a fraction of Jim's cost...very confusing.