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esi23

10/17/07 9:47 AM

#2207 RE: esi23 #2206

I actually think that the float has been eatin up a bit. Tough to get fills and I tested the market and sold at the ask. I personally don't think that they will dilute at these prices. They know of the merger partner already and I don't think they would let me sell at the ask if they were diluting....personal opinion.

iReef

10/17/07 10:27 AM

#2209 RE: esi23 #2206

I agree. People are throwing around theories as to why ARCA and VFIN have been sitting on the ask... thought I would point out the elephant in the room.

I don't think Peacock has his sights on Billy Bob's at all... he had a smaller company in the bag with Elleipsis and walked. I still think there may be some complementary play to AERO going on here.