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Message: Re: Haywood - Pounding
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Sep 29, 2008 07:21AM

Sep 29, 2008 07:59AM

That's the key MH.....the companies that have the cash to ride out the storm will make it through. The one's that have been mismanaged are scrambling desperately for money and unfortunately punishing their shareholders with huge dilution, rollbacks or bankruptcy. I always maintain a company should be raising capital in the fat years and keeping that extra on hand for the lean years. Now is definitely a real good example of the lean years.

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