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To: E.J. Neitz Jr who wrote (39499)5/10/2002 10:25:58 AM
From: BWAC  Read Replies (2) | Respond to of 53068
 
That sounds like a LEAP Option price to me. With a strike price of zero.

I still can;t figure out where this bankruptcy crud is coming from. Interest is covered 6X by EBITDA. Paid off almost a Billion of debt last quarter. Cash flow is positive. Earnings are still positive. Capex is being cut to increase cash earnings available for debt. Weird?



To: E.J. Neitz Jr who wrote (39499)5/10/2002 10:56:17 AM
From: Kelvin Taylor  Read Replies (1) | Respond to of 53068
 
still holding MCIT from much higher prices because the dividend help cushion the decline in stock price. i get paid even tho the price drops. plus mmt said divident safe this year. seems one of the safest bet around especially with the price so low now.


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