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My insight recently that it appears they are not firing staff,...

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    My insight recently that it appears they are not firing staff, gives me a little more confidence that they'll overcome this hurdle and that the raising is enough to get the covenants under control. (as if the covenants were looking truly bad, I imagine they might fire some staff)
    But I don't have enough insight to know whether the weak economy is increasing their bad debts to dangerous levels.
 
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