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Microcap & Penny Stocks : Emerson Radio Corp (MSN) -- Ignore unavailable to you. Want to Upgrade?


To: Art M who wrote (2034)12/18/1998 3:34:00 PM
From: raven  Read Replies (1) | Respond to of 3501
 
What I liked about it is that Oaktree buys stock of companies
that are undervalued. Malcolm has been saying all along that
MSN was way undervalued. He is right again.

raven



To: Art M who wrote (2034)12/18/1998 4:12:00 PM
From: Tony Rome  Respond to of 3501
 

Although this is a term often used in reorganization
proceedings,what I believe it implies here is simply
changing the balance of debt. In this case it probably
is a case where the the long term financing would be
reconstructed
Anything is possible so we will just have to wait
and see how Emerson responds.
TR