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KyrosL

07/09/03 7:06 PM

#128385 RE: south louisiana #127833

Hi SL. I still have half of my MIR MAGI bonds -- I sold the other half a couple of weeks or so ago. The bonds sell in the mid 50s. This tells me that at least the bond market believes that MIR has a more than 50-50 chance of bankruptcy. This is what I believe too. It's very discouraging that MIR still has not released its earnings. It's a miracle the stock is still selling in the high two's, IMO.

Kyros