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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: HotnSpicy who wrote (32801)	6/8/2008 4:10:24 AM
From: pogohere	Respond to of 37387

Do you have an EBITDA estimate for '08 or '09? Thanks

To: HotnSpicy who wrote (32801)	6/12/2008 8:05:25 AM
From: Crossy	Respond to of 37387

re: PFE.TO I'm aware of this company but they made a grave mistake, overextending acquisitions without lining up financing. Later they had to issue warrants for a dilutive bridge financing I believe. They still have a refinancing task to accomplish. One way to raise cash was their recent sale of California onshore legacy assets, bringing in $100m into the company's coffers. It might be wise to wait until the refinancing is indeed in the box.. rgrds CROSSY