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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (9290)	5/31/1999 11:20:00 PM
From: Mr_X	Read Replies (1) \| Respond to of 18998

who are the large holders of the TAPS who have organized?

To: Mr. Pink who wrote (9290)	6/1/1999 3:07:00 AM
From: FESHBACH_DISCIPLE	Read Replies (1) \| Respond to of 18998

Mr pink.The language is put in for the benefit of the taps holders,not the company. If that's a given you have to interpret the language for the benefit of the taps holders. After all the taps holders only have the covenants of the indenture to protect them from getting screwed. It's obvious from case law that you have to pick who is to benefit from the language and interpret it in that light. Like i said it's not a layup for either side. May the best side win. My gut,it get's settled,all rhetoric aside. Your friend