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IL Padrino

05/01/06 8:51 AM

#249616 RE: uwlungman #249613

I'm not so sure that a RS would damage future shareholders. QBID R/S'd in the past and people still invested in it. If I remember correctly, there was an RS before...I could be mistaken, please correct me if I'm wrong. It is a very attractive investment after the selloff of a R/S.

A RS damages current shareholders. The flippers can come in after a RS and start playing it again. Longs get screwed, but the shorts will benefit.

The only immediate hope I see for us is if the gay games revenue can help. I think the deal was for $35 Million. Wasn't it? That's no chump change. $35M can solve a lot of problems right away and if just $5 M went to a buyback, it could put a serious dent in a long term buyback plan.