Exide Technologies fka EXTC

[big-yank]

The market S/P today is approximately 25 cents. In the highly unlikely event of a buyout, I can't see any huge premium to market because of the liabilities that come along for the ride. Claims of lofty valuations like $5 per share are pure fantasy.

If this gets anywhere north of $1/share I will be very happy with the result. Beyond that, I'll have to see what the Plan of Reorganization sets in motion before I decide to hang around longer for a better return. It could happen. Fixing Exide does not require rocket science or even deep pockets. But it will require leadership from people that comprehend the battery business... and, no, not me since I am very happily retired.

GLTA.