The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (36825)	7/24/2005 4:11:55 PM
From: jackjc	Read Replies (1) of 110194

Yes, except for FGX which was taken out at a double, there has been almost nothing taken out at decent premium. Corner Bay had a half way decent premium announced then PAAS weaseled it down to a very small percentage gain. I have long ago stopped waiting for buyouts on these jrs and went mostly to jrs which can produce. Have been pleased with Alamos getting into production without capex blowup, and selling out slowly at tremendous multiple. Sev others taken out at about 25% premium, names escape me.

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