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Eli's Gone

06/26/09 8:02 PM

#196804 RE: LOCHUTE #196803

One would think the creditors/bondholders would approve the plan that offers them the best chance to get a ROI...as it appears the Chief Restructuring Officer has little chance of recouping the only asset the company had-the Nicosan license-it remains to be seen what he can offer them going forward...

and taking the short side in retrospect looks like a no brainer---especially knowing the equivalent of "Wrong Way Corrigan" was driving...

AMHO
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longterm42

06/27/09 9:06 AM

#196807 RE: LOCHUTE #196803

would be nice to hear something from DR PANDY