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Politics : High Tolerance Plasticity

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To: herenow_2 who wrote (18494)	1/12/2003 7:30:55 PM
From: energyplay	Read Replies (1) of 23153

herenow_2 - Thanks for posting that RRI article. The banks should be able to make some money on those loans... My take on RRI is as soon as the financing is done, the company is then viable, and will then trade at a percentage of book value. So if there is a sudden announcement of a deal, the stock will tend to act something like a buyout offer was made at about 70% of book value - the stock should gap up to that level, then trade around that level for a long time. I went through a similar experience with Oregon Steel OS, which moved up about 50% in 2 weeks, then just hung around for a while...

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