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Torvecian

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Torvecian

Re: Sheriff post# 4056

Tuesday, 11/15/2005 4:03:48 PM

Tuesday, November 15, 2005 4:03:48 PM

Post# of 35337
I agree on some points...

If we all make a big return, who cares...I agree wholeheartedly...

As for not complaining about the convertible preferred, there is only a few hundred thousand outstanding and the company gets cash for those shares....we're talking about a fraction of a percent in dilution and cash gets put IN the till...

I don't have hatred for CXO....I just think we as investors got nothing for the huge investment in them...as a shareholder, it pisses me off.....if you hired a contractor to renovate your entire house and agreed to give him 4% ownership in your house in exchange for the work instead of cash, and all he did was change a lightbulb, I would think you would be pissed off....


I'll give it a rest...







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