Perhaps target # 1 is not yet entirely off the board. When the proposed class
action was announced by Mr. Cavanaugh et al SFEG closed at .0638. I thought
the TDC management did a good assessment of the proposed merger and I was
very excited about it. SFEG close today Mar.26 at .0302. If SFEG encounters
some form of default as a result of its inabiltiy to pay bills maybe TDC might
still have a chance to acquire the properties from the creditors (banks???) at
a substantially reduced price than TDC originally offered. I am sure the creditors
know of TDC's interest and I am sure they are interested more in hard cash than
pipe dreams.
Thanks to all contributors on this board for your valued input.
T Man......I am here for the duration