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To: Alfred W. Post who wrote (81)1/12/2003 3:58:24 PM
From: Crossy  Read Replies (2) | Respond to of 85
 
Fred,
I meant the regional bank that CCAM retained as advisors.

The fallen stars I mentioned are:
MPOW.OB .. Mpower Communications, a CLEC in the Western US that just got debtfree by emerging from Chapter 11 and buying back the remainder of bonds.. Magic date there April - when the 10K is due and then mid May for the 10Q I expect EBITDA positive position by now. Annual revenues now around $150m, I expect Book value of $1.30-1.50 per share. Trading around 0.23 now. 60m shares out

IPSU.OB .. $5.50 Imperial sugar. sold some refining plants and DCB - foodservice division to Hormel and paid back its entire debt. Refinanced for lower Interest rates.. I calculated from all transactions a book value of $13-15, to be announced within a month. Should be profitable with the revamp of coporate structure, also. Billion $ company in sales but only 10m shares out.

MHCA.OB .. $6.30 Mariner health. HMO company, specializing in post-acute care. Big earnings potential. $1.8bn annual sales but just 20m shares out..

rgrds
CROSSY