ChairPrefRes
Member
- Aug 19, 2002
- 89
- 0
My take on this whole situation is that Dave and U are trying to do everything they can to prove to the BK court that U is a going concern and will emerge succesfully next year...Unfortunatley he''s not getting help from revenues, the economy and pending Iraq war to prove his case...thats why your probably seeing all theses anouncements...The bidders who are out to poach U are going to try to prove to the Judge that their plan is best and will satisfy the creditors while possibly trying to force a Chptr 7 and let the pieces sold off to the highest bidders...Example NWAC bids for PHL and the airbuses because they need replacemnt AC and east coast presence...Just my take... Fasten your seatbelt Heavy chop ahead...