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AngusYoung

11/17/07 10:25 AM

#38083 RE: stayfocused #38082

Maybe it's just me but a 2 billion float smells of a RS for sure. A FS would be insane. Even at 20X1, think of the dilution! Until this company releases financials in early 08, this is a flip. Bottom line. If anyone plans on holding this long-term, they had better just look away for a few years and then come back to see where it is. This will be deleted for sure as no-one likes any rational opinions on this board. Look, if the OS was say 100M I would say "OK" that's tolerable. But the FACT IS that it is in the BILLIONS. Buy at 15 and sell at 30. That is the only way to play this right now. OK, go ahead and delete this now.
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adamp

11/17/07 3:01 PM

#38093 RE: stayfocused #38082

I really appreciate your response.. It sounded like a new issue to me, but I was more concerned that it may have been an insider bailout. If I remember correctly, there's 200M in treasury that I knew wouldn't be staying in treasury very long, especially since the 'no r/s' vote.