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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: TimbaBear who wrote (15953)	12/26/2002 1:50:41 AM
From: Don Earl	Read Replies (1) \| Respond to of 78628

Timba, From the Forbes article: <<<The proposed plan would wipe out the shareholders of the company>>> I don't know how much research you think I should do, but I think that pretty well covers it, and is typical of most reorganization plans. I assume if you had found anything to suggest existing common get a share of the new issue, you would have posted it. There's nothing in the paragraph you did post that guarantees warrants will be issued, or at what ratio, or at what strike. You have no idea (no one could) where the stock might trade if it does eventually trade on a major exchange, or if a mystery strike on a mystery warrant represents a good value compared to the mystery future price of the new issue. I always enjoy reading your posts and am not trying to upset you, but how about a reality check?