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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (1717)	4/4/2008 2:58:47 PM
From: thwerth	Respond to of 3862

Glenn, Yes if you take the unit prices, I'm sure they have outperformed as they have the "cash escrow" reserve to set a floor. Unfortunately, I was in the "higher risk" group who bet on the warrants with the top managers. The guys behind, MAQ, DSP, TCW, VRY etc. As far as the "Global Ship" deal. Yes it had a problem coming to market last fall as the credit crunch hit. However, I do think if the credit crunch ebbs and economy begins to accelerate again, I think the deal is perfectly placed to take advantage of agriculture and other areas of the international economy that are in a short word "booming". Plus with Michael's experience with Apollo and AINV he should be able to navigate the waters. The winds may be blowing in "Global's" favor now, however as we all know we may not be fully out of the woods with the credit crunch yet.