Would anyone care to hazard a guess as to the most likely scenario regarding HAL asbestos claims? HAL lost $5 billion in market cap late last week. Enterprize value is now down to 3.5 times EBITDA. If the present value of the asbestos liability would calculate out to something less than $3 billion HAL would appear to be a great buy. Book value is $11 a share. Prior to recent court decisions claims had been settled at $200 each. There are 147,000 claims outstanding. If they were settled at $20000 each that would cost them $3 billion. Insurance will cover some, maybe half?Thoughts, or comments? The HAL board is too full of nuts to have intelligent discussion.