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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (39414)	8/28/2005 11:52:24 AM
From: bentway	Read Replies (1) \| Respond to of 306849

A company I used to work for was making noises about going private too. Shortly thereafter, they were aquired by a larger competitor. It seems the "going private" noises were mainly to push the sale.

To: Moominoid who wrote (39414)	8/28/2005 2:31:56 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

"So far William Lyon's offer to take the firm private pushed the stock price up from $75 to more than $130. But that can't be the plan, because he still ain't selling. So does he believe the housing bubble will last forever? he of all people should know better" Why should he know better since he lost everything the last bust. Ever listen to folks like Trump these days who also went under. The arrogance of these folks is amazing. I guess this old school thought would still apply to day. If you are a small time RE mogul and you owe the bank $200K that you can't pay the bank back then you're in trouble. If you are a bigtime RE mogul and you owe the bank $200M that you can't pay the bank back then the bank is in trouble<g>