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Originally Posted by npg
Nikolaus is a countrymen of mine (I am a resident in the UK, just like my great-uncle once was....). We also share the same first name. I just hope we don't share the same taste in women as well, it would be too close for comfort... |
What's this all about. Do tell. Does Nikolaus's taste run to kinky? Or is it yours?
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You need to make a call as to whether you are in a line of business you are competent to eventually run if you have a majority of the shares out.
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Actually, I'm barely competent enough to balance my checking account, but I get your meaning.
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Maybe you'd like to have a go and explain? Would be a great bit of intellectual gymnastics....
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Maybe, but too early for that. The nature of the business and the high speculation involved in RDN means a lot of work before I decide. Rather than calculate liquidation value, I'd first rather have strong evidence that RDN will be a survivor, which I don't have yet. The recent dance with the rating agencies gives me pause. RDN is rated
AA; most of its competitors are rated
AAA, for what that's worth. PMI looks more solid.