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frobinso

07/27/11 9:23 PM

#327071 RE: israt #327069

I think they are just hoping for a deal that includes ongoing employment. Remember, that there are also the interests of management and employees. Shareholders have historically taken a back seat to those interests. Hopefully the stategic alternative chosen makes everyone happy.
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dmiller

07/27/11 9:30 PM

#327075 RE: israt #327069

That seems to be standard fodder for companies who shop themselves around for a buyer.

The fact the news release read "evaluate potential strategic alternatives" leads me to be believe the company is not for sale and they are looking for a partner. Am I interpreting this wrong?

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dmiller

07/27/11 9:35 PM

#327078 RE: israt #327069

israt...here's their exact words in their original press release....

Directors has initiated a process to explore and evaluate potential strategic alternatives for the company, which may include a sale or other transaction.

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scruffynyc1

07/27/11 9:41 PM

#327080 RE: israt #327069

yes.
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yarxxx

07/27/11 9:41 PM

#327081 RE: israt #327069

if anyone offers me over $100 I'll let them buy mine regardles of what BOD says.