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  • sunrisepop46 sunrisepop46 Aug 18, 2004 11:59 AM Flag

    new lows

    Most companies that have a Lock-Up come free after 180 days.We were set for a year.Then we have 2 of them.Like someone metioned and I stated earlier,watch out for these loans coming due a year from now.The banks are going to be asking for 60/40 split.They are going to be checking out the loans in Feb.Just think what could happen to the price.Down big time.Get ready for another Buyback announcement early DEC.Payable in Jan.Looks like some Good news today on earning.Nice to see this site getting some attention.Spread the word.

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    • Spread the word about what pops? About the next tender offer, (not buy back). I think there may indeed be a new tender offer in January or February like you said. I believe it is part of a three-fold plan. Remember the words before the first tender offer? The words were, "The tender offer may be below the option price, (and it was 33% at $15 a share), or it said it may "be" the option price, (which the second tender offer was 16.5% at $18.55 a share), or it said "The tender offer maybe above the option price. (Third tender offer?). One can only hope it is $3.55 above the second tender offer, which would make it $22.10 a share. Too bad it will only be 8.25% of the rest of your B shares. Probably wrong about the price but it still is nice to dream. I figured this out after the second tender offer, not bad for someone who no longer works for the company. One of the 58 Deadwood particles IPC shook loose.

 
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