Jon Cartwright Quotations

We changed up our defense a little bit for this game. We went to a 5-4-1. It helped our defense pick up some free balls.

Bondholders need more details, but anything that would prevent a bankruptcy certainly would be a positive. It's hard to make this situation more complex than it is.

The bottom line is the high energy prices have created a huge cash position at many of these energy companies. They can either buy back their stock or do an acquisition and Occidental is doing both.

It's hard to read the press release without drawing conclusions that the board is now willing to take more aggressive steps toward restructuring.

It's difficult to measure this offer as little is known about how the bidder would finance the transaction. While our initial feeling is to ignore the offer, it is academically possible that the bidder could receive funding, making this offer real.

They are moving back to their core business, which is power production, and they will try to sell all the support businesses.

The company has to sell off assets in order to substantially reduce debt prior to emerging from bankruptcy.