dsurf. I have to agree with your post. since i longer hold this stock i havent looked into their finaces with great dept. Your analysis seems very good. There will come a very good opportinty fo rthis stoc sooner or later. The only problem is the average investor will not not get a chance because the horse would have already bolted.
Chances of it going under? I guess there is that chance especially under the current econmoic climate it is facing.
Most probably know how i feel about this comapny but i do need to tread with caution on what i say.
discl. all my posts are speculation only.