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Wienkes contends that the company’s inability or unwillingness to
have previously refinanced its capital structure “is now unlikely to preserve much, if any, equity value.”
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My thought on this is no. BUT, it really doesn't matter. IF they decide to do a reverse split, it would likely include some dilution to pay off debt. The bonds converting to shares at 4.41 would...

$4.41 is the price at which the Feb. Bonds would convert into shares.

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For 2008, Goldman now sees revenue of $1.777 billion, down from $1.783 billion
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Remember Mel has forecast $2.4 billion in revenue for 2008. With the slowing economy we...