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Gold/Mining/Energy : Halliburton-On the rise? -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (54)1/17/2002 7:18:15 PM
From: Lonnie  Read Replies (1) | Respond to of 153
 
Hi Dave,

"insurance covers a good portion of the suits"

Not to be a contrarian, but, how do we know that HAL has enough insurance to cover most of the lawsuits? Some companies, that used to be very popular, went Chapter 7, no?

I hope you are right. How can one be (relatively) sure??

Lonnie



To: Dave Gore who wrote (54)1/17/2002 8:45:39 PM
From: Jerome  Respond to of 153
 
Overdone????Hardly....

When the last lawyer gets HAL's last dime then it will be over. Look at FMO (Federal Mogul) another fine company with billions in sales driven to bankruptcy by asbestos litigation. Plus HAL has got another problem thanks to ENE. There is no possibility of a bailout now with so many Republicans falling over themselves to get away from implications of begging for money from the oil patch.

Cheney should give back his severance bonus to HAL...He was the cause of this not so mysterious illness, called $$$$ASBESTOS LITIGATION $$$$$

Jerome