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Shelly Lombard Quotes

«Today's announcement didn't do anything to calm my fears. They are probably still negotiating with their banks, but I can't believe the only issue is the credit rating. Deals don't blow up over ratings. Banks care about operating results.»
«The numbers were great ... they have great ratios, they have very affluent subscribers and their revenue per subscriber goes up every month. These guys are what every cable company wants to be when they grow up.»
«It's just the wrong product at the wrong time.»
«They went from turnaround to bankruptcy in a very short time, and you have to ask yourself how did this happen.»
«It could go either way.»
«If Lear were to go down it would come from a combination of things.»
«The market has priced out near-term bankruptcy risk. But the company still has industry risk, execution risk and turnaround risk.»
«I think the banks will make the revolver available if they get collateral. Collateral covers a multitude of sins.»
«Although GM has almost $17 billion of cash, it could run through that amount very quickly in a strike scenario, accelerating the time frame for a bankruptcy filing.»
«The wildcard here is always management. The industry is slowing and it would be nice to see them pay down some debt and accumulate some cash instead of going off in all these different Don Quixote missions.»

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