SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (48381)6/20/2012 2:53:44 PM
From: NikhilJog  Respond to of 78462
 
there are other serious problems with the company that are more pertinent to the situation that pensions. Recent court ruling is one of them..



To: E_K_S who wrote (48381)6/20/2012 5:37:19 PM
From: Bocor  Respond to of 78462
 
pension and health care liabilities are probably about $1.2 - $1.4B from what I can tell, but they have had pension issues since the 80's.

I don't own it, so I have only done cursory DD. Combined with their manufacturing debt - NAV seems to have a built-in poison pill, but there are some sharp characters getting involved who know way more than I do.