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To: Ron Schier who wrote (12173)10/19/1999 1:22:00 PM
From: SwampDogg  Respond to of 36688
 
An HHL win is quite possible but betting on the outcome of a court ruling can be very painful. Look into KRY-T and SLP-T for a little bit of perspective.



To: Ron Schier who wrote (12173)10/19/1999 1:23:00 PM
From: Lola  Read Replies (1) | Respond to of 36688
 
It's one for the twilight zone . . . hard to do it in real life. Hats off to bugssy . . . lol.



To: Ron Schier who wrote (12173)10/19/1999 1:28:00 PM
From: gemsearcher  Read Replies (1) | Respond to of 36688
 
HHL -Alta. court can't help co. This is not a lawsuit - it's a bankruptcy-type reorg. To survive, co. needs at least 2/3 bondholder support - it's that simple.



To: Ron Schier who wrote (12173)10/19/1999 3:06:00 PM
From: bugssy  Read Replies (2) | Respond to of 36688
 
hhl.a already has court protection the court has already granted several extensions and will continue as long as the company is showing progress which they have been. the bondholders do not have a leg to stand on. that was the reason for court protection in the first place to stop the bondholders from trying to take control. the only thing that has changed in this saga is hhl.a now has an agreement that benefits them in the marger with the refinery.