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B*A*N*K*E*R

08/03/10 6:26 PM

#76526 RE: goldstandard #76516

I would bet you are right in fact I have bet heavily...lol

T.
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Santa Barbara Broker

08/03/10 8:31 PM

#76539 RE: goldstandard #76516

Actually the exact opposite is true right now. Evidence being everywhere around you in an extremely shaky and slow recovery. Corporations are sitting on huge piles of cash because of uncertainty. They don't know exactly what to do with it or how to best invest it because they do NOT know what the tax situation is going to be in 2011. They are certainly not spending it as the example you use to somehow exonerate EXPH's actions with raising insane amounts of capital through dilutionary share sales while leaving their conventional credit lines 80% untapped or Lowes order increase to 20K displays. If anything those actions would only make sense if corporations would be taking advantage of historically cheap capital to borrow and buy the displays or borrow from conventional sources on 90 day lines for filling secured orders for building said cabinets. At a time like this it would make more sense to be using cash to buy back shares than to issue and sell more. All IMHO.

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