Replies to post #1723 on Underground Solutions Inc. (fka UGSI)

[pipeliner3]

I don't know. Its possible the company needed the cash to satisfy debt or cash flow issues, but also possible that management came to the conclusion that the fusible pipe line was not going to provide the bump longer term they had once thought and decided this was a good time to exit that business and focus on other lines.

I believe the jury is still out whether this was, or will be, a good move. I happen to like the other lines they are in, but I suspect those need a lot of growth to make much money.

Nope, don't know "yellowstone".

[Pro-Life]

4-5 weeks later, I'm still with this ugly taste in my craw... WTH... there must have been one heck of a sweetheart deal for the top execs to sell out a profitable company and not include the shareholders that totally supported this company and Andy for over 10 years... and still never a sound of this deal straight from UGSI... the shareholders can call it 'shock and awe' but I call it easily one of the saddest days of my life.