RE: Feel Bad Thanks for your honor...really means alot to me! Yes you were bang on the shortcomings of Cline as most on this board were also bang on as well, so do not take all the credit yourself!
Despite the lousy and short sited management of Cline, the company itself is worth much more than current market cap. as you would have to agree on this point. So once a for sale signs goes up...mind you it already has, serious buyers have and will be coming to the table...there is no way a potential buyer would let Bondholders take control of Cline for measly $57 million! If the management of Cline is serious about selling the company then you will get some money back...valuation is anyone's guess at this time!