Re: EDIG UPDATE, WOW!!!!
in response to
by
posted on
Jan 18, 2008 05:12AM
I just read your EDIG update and refrencing it to my conversation with Putnam have to say that it jives with what I was told. I didn't ask about the $20B annually as Tricky Ricks assessment was made on Tuesday after my conversation, but I have to say that that he made very astute observation. The notion of filing against several companies in different industries, both large and small, national and multinational, foreign and domestic came across. I got the sense that preparations for filing were underway but the iniative is entirely in Duane Morris's hands. I'd like to think that it could happen any day, but there really isn't any certainty that it will happen this quarter in time to discuss it at the upcoming shareholders meeting. It makes perfect sense that it will, but until it gets filed I don't think "soon" will be just a 4 letter explitive. The one thing that does seem certain is that Duane Morris is still very much involved with the process and that when this does get filed it should drive the shareprice in the right direction.
Larry