Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (244767)	6/10/2003 9:29:37 AM
From: Earlie	Read Replies (2) \| Respond to of 436258

Earlie from Earlie: One of my favourite "mortally wounded" stocks, UALAQ, was scheduled to provide a copy of their "plan" to the bankruptcy courts today. This was public news all of last week. The newswire service just flashed a comment relating to this situation. I note the main (and expected) comment was that "the common shares are likely to be cancelled". Yesterday the stock was trading at $1.90. Anybody who even glanced at the company's balance sheet would have known that there would be no other outcome. I will ride this one down to a dime or so. Best, Earlie