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- maybe they feel $13Mil is better than control over $0
- they get cash plus shares if they are ever worth something and a huge investment loss in exchange for giving up control and the right to own assets if the ship goes down. If there are no assets, and the ship is already half sunk ... it might make sense, least they can invest what's left somewhere it might do some good!
- Posted by: oldskool Posted on: 06/01/04 You are currently: a Guest | Members login | Terms of Use
Does this add up
gilgamesh_z | 06/01/04
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maybe they feel $13Mil is better than control over $0
oldskool | 06/01/04
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Yes, Baystar realized they were screwed.
DonnieBoy | 06/02/04
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Show or fold
Franklin_z | 06/01/04
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Explain that to your boss!
crocd | 06/02/04
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Sounds like the weatherman....
DarbyOhara | 06/02/04
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At least you can say ZDNet is consistent
jdunn_z | 06/02/04
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Ouch
Chad_z | 06/02/04
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Investors should demand...
Rick_K | 06/02/04
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I think I'll invest with BayStar.. I really hate my money.
Xunil_Sierutuf | 06/02/04
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Talk about taking a loss.
bmh129 | 06/02/04
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This company may 'fail' upward
nograin | 06/02/04
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Serves BayStar right !!! . . . Glad they lost their @ss on this . . .
Plain Logic | 06/02/04
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I wouldn't invest in em
V Sanders | 06/02/04
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What do you think?
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