To: I. N. Vester who wrote (9294 ) 3/14/1999 9:01:00 AM From: Zeev Hed Read Replies (2) | Respond to
I.N. where the "h**l" do you come up with the conclusion that I insinuate any Dawson dishonesty? Look my friend, I might be ignorant as to VLNC future prospects, but I am not stupid. In cases (other companies I have criticized on these threads in the last two years) where ample management dishonesty could be demonstrated, I refused to make such implications, I do not need to be dragged into libel suits. non recourse note from VLNC. That means that if Dawson wants to walk away, he yields the stock (and is fully liable for interest accrued). There is nothing dishonest with a businessman borrowing funds for an investment, it is done all the time. But you should differentiate between Dawson's financial commitment to the stock (a non recourse note) and some on this thread that are truly committed and for whom the failure of VLNC would mean a financial catastrophe that will take them years to recover from.
