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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO) -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (8316)12/28/1997 2:57:00 PM
From: Charles A. King  Read Replies (1) | Respond to of 13091
 
I think LLE may be in a tough situation. The Philip offer was all cash while LLE's offer was half LLE stock. LLE was 5 1/2 in October and has trended down to 4 1/2 now.

LLE should counter with 100% cash, but how? I am assuming they have a secret business plan that involves GRNO of course. But it is top secret and not even GRNO knows about it. Should LLE go to the parent Laidlaw company, with its focus in transportation, and ask for its help in securing a cash infusion? If LLE doesn't go to the SK shareholders with cash, how can they convince them their stock offer is better without revealing their plan?

Charles



To: Hawkmoon who wrote (8316)12/28/1997 3:12:00 PM
From: Charles A. King  Respond to of 13091
 
If they just go with a much higher offer but in stock, the damage to the bond rating might tank the stock.

Off topic: I had to remove the above sentence from my previous post because it wouldn't post otherwise. It would time out and say, "Document contains no data." When I removed the last sentence, it worked. Does anybody have any idea why? I use Netscape Navigator 3.04.

Charles



To: Hawkmoon who wrote (8316)12/28/1997 9:57:00 PM
From: MMender  Respond to of 13091
 
Ron: They might, but would they release it. Greed can choke, and stick in a throat. ( I would like 100.00 a share for my GRNO, but I will settle for much less. (I think.))

Regards, Eli