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Seitel, Inc. (SEI) Message Board

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  • oleacct oleacct Jun 7, 2003 1:00 PM Flag

    why the drop

    The BK was reported in the Houston
    Chronicle this morning. I would have
    to think their is a plan already set,
    or there wouldn't have been a new
    noteholder. The selling noteholder
    was probably blocking the bankruptcy
    filing. I agree shareholders will
    probably get nothing in a reorganization.