Replies to post #423 on Destination Maternity Corp. (fka DESTQ)

[Humbert]

Possibly, but we also need to consider the fact that Marquee has agreed to assume certain liabilities, likely reducing the company's debts by many millions.

[etime0510]

I do not think that is what it means. I agree we are still fighting an uphill battle but there are things from an asset perspective that could be favorable for us. I don’t want to speculate exact price but am hopeful there will some payoff. To be honest my goal is .22-.33 but that’s a goal not what I think it will be because TBH I don’t fully understand the process. But think that’s possible and reasonable. Good luck to us.

[propert]

There are 14.3 M OS as far as we know, and so 30M in proceeds, if we attain that from the auction net any debts, would be as much as 2.11 per share.

And, the wildcard is any positive news coming out of the auction tomorrow could still send this skyrocketing towards $1 area since there is only a small float it wouldn't even require much volume.

I think cautious optimism is now appropriate as far as sentiments go. I have really enjoyed the alternative scenarios laid out here as I really needed there to be a reason to stay in this. There is no way to know where we will land except by playing the odds and waiting for any good news to come out of the approved sale.

[NeutronLD50]

That is a nice rough calc! Id be content with that value