Elliot Eisenberg

Why Michelle Obama Is Likely to Support Repros Therapeutics

Full disclosure: The First Lady grew up at 74th and Euclid in Chicago. She and Barack lived with her mother there when they were first married. I am from 98th and Clyde. Clyde is three blocks east of Euclid. EE


On Jul 14 08:48 PM Matt0611 wrote:

> I actually started to think this guy was a serious poster than he
> glotes numerous times how "lovely" and "attractive" and blah blah
> blah Mrs Hussain is...what a joke. Why is that relevant to a stock?
> This joke of a leftist is a fluffer, get lost and take your pumping
> for the Socialist's agenda elsewhere.

Why Michelle Obama Is Likely to Support Repros Therapeutics

What part of "Almost half of all black women more than 30 years of age have fibroids compared with 20 percent of white women of the same age-group" do you not understand?
She is our First Lady and has a 50 percent chance of developing medical problems with her reproductive system.
You may not like her family's politics, but how can your heart not go out to America's black women who face this problem?
PS. Although you apparently didnt vote for her husband, she is attractive.


On Jul 13 10:06 AM DuffBeer wrote:

> Read this guy's bio !!! SA come on I thought you screened the <br/>credentials
> of those who post. I have noticed alot of suspicious
> posters writing an article who just are pushing the Mr and Mrs Teleprompterman's
> policies and their greatness ?
> Sure I welcome and look for different opinions and insights but
>
> just what do you get from stuff like this ?
> Cheers DuffBeer

Why Michelle Obama Is Likely to Support Repros Therapeutics

1. Besides Oprah, Michelle Obama is probably the leading black woman in America.
2. She is attractive.
3. Black women suffer inordinately from problems of the female reproductive system. As a First Lady who happens to be black, Michelle would probably support the product this company is developing.
4. Several hundred thousand hysterectomies are performed in the US each year. The efficacy of Proellex indicates many if not most of them are unnecessary.
5. Say what you will about the politics of Michelle and Barack, she (and her husband) is/are role models. She is educated, successful and from all accounts a devoted mother.
6. The market cap of Repros is minimal as biotechs go.
7. Should Proellex receive FDA approval, the 8 million American women with symptotic fibroids suggest that revenues will be a very large number.
8. I have a master's degree in economics (econometrics), was honored as a journalist for analyzing the costs and benefits of nuclear power, sat on two corporate boards, and own a position in this stock.
9. If my analysis is correct, the shares could trade to 15 or 20 times current values. You have no analysis.
10. I, too, listen to Sean Hannity (who calls the President 'Mr Telepromter' as the previous commenter does.) Yet, I am more comfortable with the take of Bill O'Reilly, who is willing to set vitriol aside and analyze the issues.
11. If successful, this company will add meaningfully to the quality of life for millions of women, a disproportionate number of them African American. If successful, it will add significantly to the wealth of its shareholders.
12. Your comment indicates a dislike of the President's and First Lady's name and politics. The previous comment suggests a dislike of the President's use of a Teleprompter.
13. Yet neither of you add in any way to the true questions here: ie, does the drug work (yes); is there sufficient funding available to complete clinical trials (yes); did the increased levels of liver enzymes in the 50 mg dose add any significant risk (no); how many women are afflicted with fibroids/endometriosis (8 million); and how large might the market for this drug be (over $1 billion.)
14. The responses to my post have added the following to our knowledge: that Matt0611 dislikes the Administration's politics; and that a duffer drinks beer.
15. I hope that each of you is short.

On Jul 14 08:48 PM Matt0611 wrote:

> I actually started to think this guy was a serious poster than he
> glotes numerous times how "lovely" and "attractive" and blah blah
> blah Mrs Hussain is...what a joke. Why is that relevant to a stock?
> This joke of a leftist is a fluffer, get lost and take your pumping
> for the Socialist's agenda elsewhere.

Junk Bond Funds in Q2: Large Bumps Ahead

This would be more helpful if you were to suggest a handful of widely held issues which are likely to default.

Cramer: Jon Stewart Interview Was a 'Complete and Utter Ambush'

I have a master's degree in economics, was a partner in niche brokerage firm, was once an award winning writer, and watch Cramer. I may not always 'stick with Cramer' but I usually find his opinions well thought through. Please excuse the lack of humility but I wanted to convey that many truely sophisticated folks watch Jim, and I know several of this description who do.

I saw much of the interview and agree that it was a digital lynching. Hopefully, however, Jim gained viewers who otherwise would never have tried watching his program. Stewart is a comedian and can be very funny. While I don't share his viewpoint, he is often hilarious.


On Apr 14 10:43 AM User 285534 wrote:

> Anyone that watches Cramer needs to get a life!

The Ten Most Promising Net Cash Stocks

It appears as if you don't know what you are talking about. Literally. GSI has spent the cash, borrowed money, made an acquisition and is trying to work its way out of a liquidity crunch.

Pls see below

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549




FORM 8-K




CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

March 5, 2009




GSI GROUP INC.

(Exact name of registrant as specified in its charter)







New Brunswick, Canada 000-25705 98-0110412
(State or other jurisdiction

of incorporation)
(Commission File Number) (IRS Employer

Identification No.)


125 Middlesex Turnpike,

Bedford, Massachusetts 01730

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including area code: [phone]



(Former name or former address, if changed since last report)




Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):



¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)



¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)



¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))



¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))









----------------------...
Item 1.01 Entry into a Material Definitive Agreement.

GSI Group Inc. (the “Company”) announced today that it has engaged financial advisors and entered into a supplemental indenture (the “Second Supplemental Indenture”) in accordance with the forbearance agreements previously announced on February 6, 2009 (the “Forbearance Agreements”).

The Company entered into the Forbearance Agreements with certain beneficial owners (the “Investors”) holding greater than 75% of the outstanding aggregate principal amount of its 11% Senior Notes due 2013 (the “Notes”). The effectiveness of the Forbearance Agreements was conditioned upon, among other factors: (i) engagement of a financial advisor to assist the Investors, (ii) engagement of a financial advisor to assist the Company’s management and Board of Directors, and (iii) entering into an amendment to the Indenture (as amended or supplemented from time to time, the “Indenture”), dated as of August 20, 2008, by and among GSI Group Corporation (the “Issuer”), the Company, Eagle Acquisition Corporation and The Bank of New York Mellon Trust Company, N.A. (the “Trustee”) to amend certain notice provisions.

The Company announced today that in accordance with the Forbearance Agreements, both sets of financial advisors have been engaged and continue to work cooperatively with the Company.

Additionally, on March 5, 2009, the Company entered into a supplemental indenture (the “Second Supplemental Indenture”), by and among the Company, the Issuer, Excel Technology, Inc. and the Trustee. The Second Supplemental Indenture amends Section 6.01(4) of the Indenture to allow beneficial owners (in addition to the Trustee or certain Holders (as such term is defined in the Indenture) of the Notes) representing at least 25% of the aggregate principal amount of the Notes then outstanding to provide, after the date of the Second Supplemental Indenture, the notice of failure referenced in Section 6.01(4) of the Indenture; provided, however, that any such notice from a beneficial owner of the Notes pursuant to Section 6.01(4) will be deemed to be proper notice under the Indenture only if, and as of the date, the Issuer has received such information and certifications (including from the Holders of the Notes or any Agent Member (as such term is defined in the Indenture)) reasonably necessary to determine that the persons providing such notice are beneficial owners of the Notes.

Will Rohm & Haas Beat Dow in Court? Not So Fast

It is not unexpected that ROH is suing for specific enforcement.

Here is what the merger agreement says re enforcement:

idea.sec.gov/Archives/...

SECTION 8.5 Jurisdiction; Enforcement.

(a) The parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached and that the parties would not have any adequate remedy at law.

It is accordingly agreed that the parties shall be entitled to an injunction or injunctions to prevent breaches or threatened breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement exclusively in the Delaware Court of Chancery

Will Rohm & Haas Beat Dow in Court? Not So Fast

Here is what the merger agreement, which Dow signed, says re enforcement of the contract:

idea.sec.gov/Archives/...

SECTION 8.5 Jurisdiction; Enforcement.

(a) The parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached and that the parties would not have any adequate remedy at law.

It is accordingly agreed that the parties shall be entitled to an injunction or injunctions to prevent breaches or threatened breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement exclusively in the Delaware Court of Chancery

Will Rohm & Haas Beat Dow in Court? Not So Fast

Even Dow's attorneys acknowledge that it is liable to Rohm & Haas. I am a ROH holder; you are a Dow holder. I propose the following resolution.

Merge ROH into DOW in a stock transaction. Give the ROH holders 90 percent of the shares in newly merged company.

No debt. No asset sales. No public disruption.

When conditions were better, your company committed to buy mine.

Your company speciified that neither a downturn in the chemicals industry, nor a downturn in Dow's business, nor a disruption in the financial markets would be considered a material adverse effect.

Your company knew that Apollo was trying to renege on its purchase of Huntsman Chemical. Yet your company bid for mine, topped another bid, and signed the merger contract.

Now your company has buyer's remorse and wants out of the contract. Or, damages less than specific performance.

I say, fine. Just leave the keys in Philadelphia when you go.

Behind Korea's Bearish Call on Treasurys

Reiterating, what I mean is that Korean Pension has been bearish on US bonds during a great bull market. They are probably correct now but have not been from March till recently.

Behind Korea's Bearish Call on Treasurys

You can sell the 30 year T bond short. It is easy to do with very low margin requirements. You can follow the bond here www.bloomberg.com/mark...


On Jan 21 06:52 PM Harry kim wrote:

> you mean TB is weak, but Korean currency is much weaker than TB.
>
> So, even though TB is not so good, NPS should keep holding TB. <br/>right??
>
>
> but why don't you suggest more sexy item than TB??

Is Securities Lending Starting to Dry Up a Little?

Very well written and thought provoking.

When a security is borrowed and sold short, by tradition the borrower and the lender share in interest on the short credit.

For example, should a $1 million treasury bill be borrowed and sold, the buyer would pay nearly $1 million and interest would be earned on those proceeds.

However, the lower monetary authorities drive short term interest rates, the less of a short credit rebate is available to be paid as compensation.

Should short term interest rates approach zero, then the cost to short sellers to borrow securities may have to be priced differently. Otherwise, no legitimate custodian would allow loan of shares for nearly zero compensation.

The net effect should be to raise, even more, the cost of stock loan positions to market short sellers.

In other words, the borrower might go from getting a 'short credit rebate' to no rebate at all, but rather having to pay out of pocket for borrows. Historically, such fees have only been assessed on hard to borrow situations.

GFI Group: Loss Reported in Murphy’s Law Quarter

Believe you are on the right track.

The bad news is that disappearance of Lehman and Bear Stearns means fewer true brokerage customers for GFIG in its role as 'street broker.'

The good news is that what were once street brokers are becoming more and more important as anonymous intermediaries between large -- and not so large -- funds.

The agency business model of street brokers is very appealing. Ie, after showing anonymous bids and offers, matching trades, in most cases GFIG doesnt get in between the buyer and seller. In one of several ways, it 'gives up' one side to another, allowing them to settle directly. GFIG then sends one side, usually the seller, an invoice for putting the trade together.

How the two sides settle up is changing. Gooch points out that rather than writing a broker-to-broker ticket on each side, increasingly such trades are being sent to an exchange or other similar platform. He adds that for $2 million and six months' time, GFIG could establish its own exchange.

That may make GFIG an acquisition target. He says:

think right now we are obviously a very attractive merger target because we have got our share price below our book value and is barely above our cash on the balance sheet and we are very profitable other than this quarter obviously where we had the write offs. So, naturally there are individuals and companies out there that would like to have discussions. I think it would be very difficult to do M&A in this environment. I think it is going to be very difficult to do M&A whilst the banks aren’t lending. One of the reasons our Tullet deal couldn’t go forward was because it was certainly in my opinion and some others it would be very difficult to have arranged for the credit facilities because the transaction would have triggered a change in control covenants within the banking facilities and the banks at this point in this environment just don’t want to lend. So it is going to be difficult to do mergers unless they are mergers where the companies have very little or insignificant debt.

Companies that have a significant amount of debt are going to be in a very weakened position when they are trying to do mergers. I think if you are positioned like a company like GFI where the shares are trading below book value and you’ve got very little debt and a strong balance sheet I think from our perspective we are best served by waiting to see how some of the other companies that we would be interested in merging with how they shake out in this difficult environment especially if they have issues with debt on the balance sheet. I think it is going to take 6-9 months for anything really interesting to happen. Everything is frozen up and I don’t think you are going to get any significant merger activity in the next 6-9 months.


At another point, Gooch says:

I think I made the point in my presentation about what happened after Enron disruption and there became the issue of counter-party risk in the energy markets and clearing of OTC energy developed and the IDB’s actually across north of 75% of all of the OTC energy markets that are then cleared on LCH, Ice Clear and NYMEX and I could imagine a similar situation is going to evolve. There is already centralized clearing in certain OTC markets including LCH and B Clear in London. B Clear is part of Eurex which is part of the NY Stock Exchange. So there is already precedent for this. What the IDB’s do is we simply send the transaction to clearing at whichever clearing entity the customer requests or in some cases we are actually paid a rebate for steering the clearing to those entities and they compete for the clearing business. The European regulators are quite keen to have very open, flat clearing mechanisms that are in competition with each other as opposed to the CME would seem to have quite a monopoly position in the interest rate futures.

I think from our perspective we will continue to be an execution broker. We operate now what is known in the regulated markets as an alternative trading system. It is regulated in ETS, electronic trading systems, we obviously do a lot of voice brokered business and a lot of that stuff is on the screens and trade side by side with the futures. I think one of the misnomers of the marketplace is this mixed comprehension that when “something” goes to the exchange somehow it is now getting crossed in a different environment when in fact a significant amount of those transactions actually get crossed upstairs at IDB’s on their trading platforms and so I think that is how this going to develop. I think we will certainly have to morph somewhat. We will absolutely find that our investment in Trade Port is going to pay off because the demand for electronic trading will increase which suits us anyway and we will need to morph with the market in order to put listed and OTC centrally cleared markets next to each other.

In the event things need to be posted on the exchange, that is just simply a mechanism that occurs on the electronic trading screen. We could in fact, relatively simply, it would take six months and $2 million to form our own exchange subsidiary where we could post trades and we are connected to multiple clearing houses now so I think you will find we are going to be extremely well positioned in this marketplace going forward.

GSI Group: Lasering In on a Dirt Cheap Net/Net Stock

It's not cash rich. You are correct


On Oct 26 01:53 PM seekingvalue wrote:

> As far as I can see, this would be a net/net stock except that they
> purchased Excel Technologies for $350 million. That was payed for
> with cash and 'external financing', so it's probably not net/net
> any more. But please let me know if I'm mistaken.