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Beale7

03/04/06 10:26 AM

#14 RE: eagle_2975 #13

Hay Eagle_2975-
I have an "eagle-eye" on Onei! Glad you made-out a bit it!
And, really happy to have some kind of forum to discuss this stock, as Raging-Bull has nothing, nor Yahoo!
Can I ask for some advice! I'm wanting to load-up, but that monstrous debt has me shaking, especially since interest-rates are on the rise! That's 225.97 million in debt, with total cash of $814,000K, on revenue of $361,000,000!
With these facts, how did you trade/invest last time, knowing this, and at a higher PPS?
Will they 1) convert debt to equity? or 2) refinance? 3) sell-out? or 4) b/k?

I don't know...but I'm just going to monitor how it trades, come Monday and beyond! I see they've been at $.40-cents before, in May of 2004, and they rebounded nicely from that! This time though, I would say there is even more un-certaintly, b/c they've had so long for the restructuring to take effect! Unless they get some re-financing, I don't see how they can continue to operate! Do OTC stocks go b/k? Chase still owns a ton of shares....they aren't selling-out like BoA! This isn't a clear-cut case here, b/c BoA is selling-out "on-the-penny", compared to where the entered, making you think they may know that b/c is on the way! Why else would they be divesting at such a low PPS! Why isn't Chase divesting? Still, ONEI has been the subject of the SHO-list,...so could Chase be nodding its approval of ONEI going into the GROUND!....profiting on the decent????
These points are just a tip of an iceberg of more questions I have!
It make me just want to take-out a small position, and not get too excited!
Any thoughts/suggestions/answers, would be much appreciated!
Sincerely,
-Carter

PS- No proof-reading or spell-checking here! EOM!