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Reinsman

01/12/12 7:05 PM

#74742 RE: Isobar #74741

My guess is that you are right.

I am sure we will get some more detail here soon.


I am riding in the same boat as you, so good luck to us both.
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Atlanta1

01/12/12 7:09 PM

#74743 RE: Isobar #74741

what makes you so confident that you can say definitively that "those who think the A/S will stay in the billions are wrong"?
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86EM

01/12/12 7:16 PM

#74748 RE: Isobar #74741

That would be great. However, I think
the AS has to stay high enough to cover
the conversion of the preferred shares.
Rather than reducing the AS, I would sooner
see them reduce the preferred share conversion
accordingly. That way, management would feel the
pain like the rest of the shareholders.
JMHO.