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SJOGRINGO

10/28/10 8:49 PM

#137 RE: johnnyfiber #136

sure... make any action cleaner and direct...

purchase/merger/LBO with secondary IPO allows Pegasus to easily
convert interest into cash...

don't remember all the " conditions" on the offering we had last year but seem to remember that if there was change of control all " dividends" became payable and actual share priice was in the $5.50 to $6.00 range when all was said & done...

but what do I know...


sjo