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Re: rookinvestor post# 7361

Friday, 02/03/2006 12:43:46 PM

Friday, February 03, 2006 12:43:46 PM

Post# of 33337
rookinvestor...this "dilution" should not have been unexpected.

Obviously, they purchased SEMCO with shares. Duh! How else would they do it?

The thing that all the doomsdayers will fail to mention is that those shares weren't just dumped for a personal profit...they are theoretically an "even trade" for an asset that is now part of the company.

Assuming that all the new OS went for the acquisition of SEMCO, the key is to figure out whether the price for it was "a steal, a fair price, or overpriced".

I'm going to assume it was a fair price until I know otherwise.

IMO, like Turek said....Semco will be the biggest part of the company's growth going forward and could/should ACCELERATE the growth/value of the company.

McBUSHIE'S choice of Palin was irresponsible, dangerous and insulting to America's intelligence. That choice and his continuing smears/lies prove he'll do anything to win this election even to the point of endangering his own country.DEFEAT HIM!

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