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To: ALTERN8 who wrote (6355)7/15/2003 1:58:20 PM
From: Sam Citron  Respond to of 13403
 
OT LOR

Hope you weren't hit too hard by the Chap 11 filing. I notice you traded out of your last lot pretty quickly.

I managed to exit MIR with about a 40% haircut only a couple days before their filing.

Highlights the risk of playing these small debt-laden companies. Even with interest rates at historic lows, their creditors are not willing to wait forever.