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RonnieD

02/23/09 10:43 AM

#1304 RE: Chance To See #1303

with 268m shs out, 3B in assets over liabilities is around 11/sh.
there would be costs associated with going through bankruptcy.
we're all hoping it doesn't happen.

you know, we have some bad headlines to deal with today here. just go to yahoo finance. Two bad headlines, one says "Shopping Center Owner Posts Loss" .. Guess what... NOT GGP ! ( a casual reader would think it IS GGP ) ....and "New Financing could be Tough for General Growth" .. ( oh, really ??? geniuses ??? ) GGP will post somewhere around .18c in operating net earnings and another 18c in a one-time payment they received. ( sorry no link but i know it's going to be close to that was projected recently )
Why don't these players just post the truth as to why they are putting out these negative PR's today as if they mean anything when we have earnings after the bell and a conference call.

http://finance.yahoo.com/q?s=ggp

Shopping-Center Owner Posts Loss
at The Wall Street Journal Online(Mon 9:24am)
New financing could be tough for General Growth
at bizjournals.com(Mon 9:05am)