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Charlie48

11/03/05 10:07 AM

#182998 RE: tradewell #182991

and the phrase "for acquistions" can really mean anything--"to acquire" cash to pay salaries,leases or anything else
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XV19

11/03/05 10:07 AM

#183000 RE: tradewell #182991

oh yeah..that part. one for Liz Taylor, one for me. One for Cox, one for me...
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DaddyDog

11/03/05 10:14 AM

#183014 RE: tradewell #182991

I think it is obvious that if he is to maintain 53% of the O/S then for every share that is used for aquisitions he must increase his holdings by that same amount of shares. No BS here.... just the way it works. I'm very unhappy about the PPS too, but let's be honest about how this process works.
If he is growing the company then it is a good thing and hopefully he will do the right thing in the end and buy back and retire many of these aquisitions shares to bring us to a proper value.