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Pastimes : Where the GIT's are going
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To: sandintoes who wrote (172722)1/13/2009 7:12:46 PM
From: stock leader  Read Replies (1) of 225578
 
i know you are not familiar with stocks i invest in, but when some public companies shutdown, the price actually SHOOTS UP.

maybe the question you are asking is "why would a company that has $70 mill cash on hand and no debt dissolve or shutdown?"

that's because company officials have fiduciary responsibilities which means they must constantly judge which path will provide shareholders with the highest return.

the highest long-term return for shareholders at this time has been determined to be a shutdown or dissolution. it was determined that staying in business would all too likely result in failure and depletion of all cash balances.

therefore, NSTR cash balance on hand is being returned to shareholders
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