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Re: south louisiana post# 96850

Friday, 04/11/2003 2:31:44 PM

Friday, April 11, 2003 2:31:44 PM

Post# of 704047
It's possible, but I don't know. MIR's situation is certainly complicated enough to warrant a lot of financial engineering. I feel comfortable owning the bonds at 50 cents on the dollar, because I think the assets minus the debt are worth more than that. The stock is a crap shoot.

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