eddy came to the party, page-31

Kacy, No point arguing with the downrampers. My guess, the MS deal was being worked on a long time ago, and not put together in a week after the slamming after the results. Eddie and Co were buying late last year so it's possible they would have been expecting good announcements. Obviously they didn;t predict the credit crunch or the abnormal level of shortselling and have been burned. They definitely got their timing wrong, which made it all the more difficult to get the MS deal accross the line. On finally getting the deal done even if slightly less then first anticipated, they decided lets get everything out of the way now and clear the books now, with a change of management, so everything is positive form here on in, the new board looks good and we move onwards. Shortsellers may continue for a little while trying to milk it to death but the tide will turn. Lets hope Eddie has a couple of surprises up his sleeve and the shortsellers may just get burned a little.