Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (54729)	11/14/1999 8:33:00 PM
From: pz	Respond to of 95453

Razorbak, Thanks for running the numbers on MDR and posting them here. You have incredible knowledge in this area. Thanks again, Paul

To: Razorbak who wrote (54729)	11/14/1999 9:51:00 PM
From: IndioBlues	Read Replies (1) \| Respond to of 95453

Why not spin off B&W? Let it trade separately for whatever the market says it is worth, and free up the remainder of MDR to trade to its full potential? As to the bankruptcy possibility, I would think a Ch. 11 reorganization would be far preferable to a straight Ch. 7 liquidation unless the claims really began running away.

To: Razorbak who wrote (54729)	11/14/1999 10:58:00 PM
From: Ed Ajootian	Read Replies (2) \| Respond to of 95453

Razor, Another great piece of work as always! Thanks for hacking out all the details here. I feel kinda "guilty", just throwing out these nonchalant questions, and you going and spending a coupla hours on the answer! If in fact your analysis is even close to being right then it is mystifying why the market has reacted this way to this news. I may take a flyer on some of this stock tomorrow, but not a lot. I've had the misfortune to have had a fair amount of experience with high-priced attorneys in my life, and I have seen them produce results that were entirely unjustified, illogical, and lacking in what most would think as being equitable treatment of the litigants. As you know I am a gambler, but I'd much rather gamble with Mother Nature (ie, the drill bit or the weather), than put a bet on which high-priced law firm is gonna outdo the other one. Thanks again for your very helpful analysis.