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Politics : High Tolerance Plasticity

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To: gravity rules who wrote (13877)5/15/2002 11:46:43 AM
From: kollmhn  Read Replies (2) of 23153
 
WEll, I got my wish and repurchased 50,000 ADLAE in the 5.70-75 range YESTERDAY afternoon.

This morning, the Chairman (Rigas) resigned and the stock is halted but traded in the $3s, pre-market. I really stepped in it, huh?
We'll have to see if they provide the info to the NAZin timely manner so that they can re-open it.

The greed in me says that the value of the co. may be higher without Rigas, as his reputation is poor. However, in the absence of a 10-k, OBS financings, and now this, I can see why people panic.
If this one opens in the threes, I'm all over it.
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