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Iggles2009

07/10/10 8:55 PM

#62737 RE: double_d #62736

They offer value, it's just less than the stock is trading for now. EC fightin the good fight for us here.
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sullivot

07/11/10 12:06 AM

#62741 RE: double_d #62736

That's your standard sugar coated, corporate press release BS. They're trying to spin their low-ball equity "recovery" in the best possible light.

Gotta love "as well as offering value to equity holders". Who had the gall to write such baloney, much less put it in the lead paragraph? Rarely do you see a more misleading PR from a multi-billion dollar company......perhaps they've been trading on the pink sheets too long. That's tantamount to Warner Brothers saying they purchased the rights to Tiny Tim's back catalogue for $1 Billion, so as to offer increased value to WB stockholders.