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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Franco Battista who wrote (81218)5/28/2000 6:40:00 AM
From: Earlie  Read Replies (1) | Respond to of 132070
 
Franco:

The company has successfully lined up $20.0 million in debt. The dough currently sits in excrow awaiting completion of due diligence. My guess is that this task should be completed during the next two weeks. I'll post as things move forward.

That last run up in the stock price was in anticipation of completion of this deal and it looks like the follow-on retracement resulted from the disappointment that it didn't take place quickly.

Best, Earlie