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tbonaces80

03/22/11 3:23 PM

#29360 RE: billpr #29359

I am an optomist by nature-lets see the price action in the last 1/2-bid is there...
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LeGoose

03/22/11 3:35 PM

#29363 RE: billpr #29359

Not sure about that - the proxy states that this is not an attempt to take the company private.

There would legal implications there as well.

Management holds less than 10% of the O/S (correct me if I'm wrong). It would be difficult for them to acquire a huge amount of shares without driving the price way up, then they would need to make a tender offer for the rest at a fair value.