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To: METMAN who wrote (3014)2/20/1999 12:11:00 PM
From: Sawtooth  Respond to of 29987
 
<<Was watching Moneyline tonight...Lou Dobbs talked briefly about IRIDF...and I am nearly sure (but I was tired) he cited the reason as they may "default on one of their bank-loans"....reason for stock drop today. Anyone else hear this to confirm the statement....No one on the IRIDF thread seems to know about this.>>

Yes, that's basically what I heard him say. Although other news tended to indicate that it was the violation of a loan covenant that is at risk. ...Tim