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To: waldemar cyranski who wrote (11515)	2/11/2003 5:04:27 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 11568

Well, that's the sixty-five thousand dollar question, isn't it? The consensus is "no". A few people apparently think the consensus is wrong, hence the 14-15 cent price. Personally, I think a case could be made for the value of the going business exceeding the debt, in which case the consensus should be wrong, but to actually be wrong, there'd have to be someone involved in the BK with an interest in leaving something to the shareholders. I don't know who that might be that would actually go to bat for the shareholders in the court. We seem pretty thoroughly abandoned as far as I can tell. Bob

To: waldemar cyranski who wrote (11515)	2/12/2003 10:52:21 AM
From: Imran	Read Replies (1) \| Respond to of 11568

from what i understand you want to know if the equity that will be issued upon reorganization will be worth anything? my answer: although the equity will be worth something upon reorganization, the long term appreciation of the share price will be dependent on the business plan that is formulated in the reorganization process. current shareholders will not receive anything for their current shares. secured creditors will own the equity of the new company upon reorganization. i believe that the secured creditors will begin selling once their shares become freely tradable.