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Re: KyrosL post# 105244

Thursday, 05/08/2003 6:42:16 PM

Thursday, May 08, 2003 6:42:16 PM

Post# of 704041
Kyros - re MIR, it appears that the market has accepted your view respecting either Marce’s diction or earnings and I appreciate your prescience. I would note that the accountant-types on other boards that have viewed p. 17 of the presentation agree with your former assessment of earnings of around $.80 for ‘03. I believe that the obfuscation was due to bargaining for the refinance and therefore sensibly not wishing to assume an interest rate during these negotiations. The daily candle chart presents a potential hammer reversal at the moment. The bullish scenario assumes the $.80 number and a likely 5-day extension and 1st qtr. earnings announcements for the 5/22 meeting. Any further thoughts on these issues? Thank you for your generosity on this subject.

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