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pphmtoolong

08/28/10 2:14 PM

#55773 RE: Frustrated #55772

The share price sucks. No argument from me.

Management has made very little effort to prop up the share price. No argument from me.

However, management has made strenuous efforts, in my assessment, to execute a business plan. A clearly identifiable business plan. I and others on this board clearly like the business plan. If it succeeds, the share price will come around. If it doesn't, no amount of shareholder friendly moves will save Peregrine.

Good luck to all of us, except of course to those who apparently enjoy seeing the share price tank.

Paul

geocappy1

08/28/10 5:31 PM

#55780 RE: Frustrated #55772

Do you have a copy of TYp's proposal because to my recollection his proposal was for doing away with the poison pill and suggestion that the company basically hold an auction for the company. They would then take the highest offer.

I could be wrong but that was the proposal theat was seen as very shortsighted.