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noatak1

07/14/05 4:15 PM

#1264 RE: hobiecatsailor #1262

Hobiecat, no need to apologize for a negative post, I am also getting fed up with the smoke being blown up you know where. The fact is, if things are legit, why be afraid to tell the investors?? Are they not also a part of a companies sucess too?? Hey its OUR money they are playing with. tell me more than what deals you may have signed. Tell me some numbers...
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Yukondan

07/14/05 4:16 PM

#1265 RE: hobiecatsailor #1262

I don't disagree with you. She was very upbeat as the deal was being beaten down like a dirty rug but, we still have to account for the fact that the insiders voted no apparently in lock-step. I mean I think we all know that an 86% no vote was not a result of a few small shareholders wanting to hold out for another few dollars. The question I keep reminding myself to ask is why would anyone close to the company vote no? It would IMO be because they feel they stand to make more by holding and watching the company prosper or they feel JM's group is really in need of something they possess. After all, when you boil it all down fear and greed are the only two reasons people ever do anything with their money. So in this instance it would appear to me that greed of an even bigger return outweighed the fear of larger loss. I guess we'll have to stay tuned to find out. This is my opinion. If anyone sees it differently I truly would like to hear your thoughts.
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realdeal009

07/14/05 5:18 PM

#1266 RE: hobiecatsailor #1262

The next question here is whether or not anything illegal transpired during this entire episode, from extremely slanted PRs to PR people hawking their snake oil. Anyone know a good securities attorney they'd like to have look over Zig's latest debacle? I would be very happy to find out that the company is holding out for a better offer, however, if this has just been a well orchestrated con, I would like nothing more than to see the likes of Zig and his cronies sharing a cell with Mr. Ebbers.