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Wednesday, February 15, 2006 4:25:59 PM
IF Matin is up to something, it's definitely not the audit and it very likely is not something he would pre-announce in a PR.
If another PR comes out I suspect it will be written as if it was covering a great news again (revenues and profits beating new records) but it will also include one or two sentences which will create some more doubts in the mind of those reading it (ex: Because of a strike at xyz, the shares we were suppose to distribute on March 30th wil come late. We will advise as soon as delivery is being made, bla,bla,bla).
Most people knowing Matin will get pis.ed once again and some will try to dump their few shares.
Some readers (newcomers not knowing Matin and feeling they found the goldmine) will buy and may have the PPS grow to $1.20 or so. Matin may very well compete with them.
Thenn the PPS will fall once more.
I beleive that in the process, Matin and his friends will acquire some more shares.
All of the above support my opinion (that's all it is) that privatization is somewhere in the future.
This being said, Matin would declare BK tomorrow and that would not surprise me either.
Patiently,
Roger
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