posco increase holding, page-21

This is certainatly some good news.

However there is no way we will see a takeover attempt of any kind until the market settles itself and values start reflecting something like what the future potential of companies are.

Could you imagine the response if someone came in and offered us $1.50 per share for MMX.

I believe we will not see consolidation until the market settles and I still belive the market needs consolidation before it starts settling down. You see the problem