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Old 04-16-2003, 10:37 AM
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KobraKarl KobraKarl is offline
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What are the odds that SAI is of any real concern to a corp. like Venture ,or that it has any solvency at all as an individual asset?

SAI could very well just be a flag ship company created in a time when money was hunting any prospect and may not have the "real" cash basis to be much more than a hobby corperation, especially when it is apparently front loaded with all the hands off management they seem to have.



I am in the bussiness of loaning money to entities in similar positions to that of SAI ,and I doubt very much , there is asset or immediate future business to justify a buyout at any where near the debt ratio currently encumbering their books...

But then I havn't heard any one even mention that SAI was going to be spun off.

I think the "other " merger rumour sonded a lot more plausible.

you are a bad man Semko ! and you have made me write bad things! I must be punished!
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