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PAI

02/04/09 6:13 PM

#11010 RE: masc2279 #11009

His comment also seems to imply that PGPM will benefit at some future point in time.

You might have hit it right on the head.
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ncpti

02/04/09 9:26 PM

#11019 RE: masc2279 #11009

Masc, regarding the email from Pinedo, I think it could also be implied or interpreted that Pinedo is disappointed with PGPM share price, as the gist of the question was referring to share price!

I understand it that PGPM has lots of assets (40 mil note) and we will see that in ACLY's 10K. JMO

ncpti