RE: Over subscription of KBR for HALI think it has to do with the large short ratio on HAL, and the lack of the Cheney association which HAL has been saddled. I am beginning to think that HAL cannot get a decent value as an equity, and it may be taken out in Pvt Equity. Apparently, Ken Fischer, thinks HAL is a candidate for a take out. Ken was never a favored prognosticator, of mine, though. Long: HAL
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