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jaxstraw

11/21/10 9:35 AM

#66152 RE: wave runner #66150

I think it's worth holding onto your shares if you held through BK for a while at least.
They have achieved a number of the goals they set out to do during BK ( most of all getting back on NYSE, and quickly I might add).
The reduced share structure will work favorably for shareholders after this period of instability that happens with every emergence.
But without the shackles of BK and court approval for every management move, the company is free to do whatever they need to do to be max profitable.
And no matter what ill feelings are held towards Craig Rogerson, the mans educational background is as a chemical engineer and then he went into management ( and has shown success at that level everywhere he has been.), I expect to see the same kind of results in this endeavor.
Give it some time, they just exited and now it is the period of watching the results of months restructuring play out.