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Xerium Technologies Inc. Message Board

  • a_different_woman a_different_woman Mar 17, 2010 7:39 AM Flag

    Earnings date set

    Release after the bell W 3/24, call 8am EDT Th 3/25.

    Guess you were right about them waiting until after the vote, frtgrdn21.

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    • It was the most prudent thing to do. This also tells me that they have the full vote/support from the debt holders. In the conference call, they will tell us how happy they are for this opportunity to recapitalize the company and give it a fresh start. Now they can take advantage of opportunities to grow, etc,,... And most importantly the proceedure for te exchange of current shares into new ones. If their earnings are good and add the positive vote results and this thing will explode. Reduced debt, added capital, reduced interest payments, and leaning out of access labor costs/higher efficiency and this company has a chance to really grow. This might be a long hold. I'm sure there will be upgrades to follow so hold on tight.

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