cred of media and posters are on probation, page-48

Dear BB, your confidence in the company and your point of view are admireable. however, one thing that you and many others have not realised is that the world that MFS, CNP, Allco, Macquarie and others of a similar vain lived in has changed. before the sub-prime crisis the moto was borrow cheap and buy anything and through the magic of financial engineeering not only was a profit created but capital values. I like watching Chris Angel of Mindfreak and his magic. Its fun, interesting etc, but just an illusion. MFS, CNP were illusions.

In the post sub-prime world, borrowings arent forthcoming. banks have retreated and it will take another 10 years for it to change and go back to the good ole days.

And this is the inherent problem, MFS or CNP etc cannot be the deal makers they were and getting back to the old share price will be difficult. My view is that MFS becomes a shell of what it was. The comments by King were simply the emprerors new clothes. What made it worse was that the emperor said it.

As to what will happen is on market sentiment. My view and having seen the irrational behaviour of the majority, they will sell out ASAP, causing the price to drop untiul some rationale view comes around.

Hope you get you money back but i wouldnt hold my breath.