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To: LoneClone who wrote (40648)5/21/2007 9:02:07 PM
From: WalterWhite  Respond to of 78419
 
LC - i have not read thru the filings to see whether or not options etc are vested when a liquidity event (such as takeover) happens, but would assume they will.

You are correct to believe management has plenty of incentive to ensure a deal is done, as apposed to getting a deal done for a fair price. It's like real estate, sales people want a transaction at any price - feast or famine.

Unless a bidding war ensues, value is left on the table.

Feasibility and drill bit can help us here...
Globe



To: LoneClone who wrote (40648)5/21/2007 11:30:26 PM
From: paris2  Respond to of 78419
 
Excellent question

I am looking forward to seeing a shareholders' rights plan and how these kinds of details are hammered out.