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ST James

02/12/04 2:17 PM

#2578 RE: campe #2576

Bill, I think maybe you have to reword your Zen koan, or else I am more of a 'grasshopper' than I thought. :)

But, you make a good point, and I'll rephrase my question in the spirit you ask it:

What does it tell us about a management team that when presented with a legitimate and fair offer for much needed financing which would have gotten them out of that Stony's deal, avoided having EESV "invest" $250K and prevented an implied price cap on the stock at $.125, giving them a chance for balance sheet repair and new, unsubordinated operating leverage on their balance sheet that they decided to make a 'No Choice Choice?'