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onewilyfool

Food for thought....

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Similar to the article posted a few days ago by J200koa from the "Music for Progressive Music Retailers" internet magazine, this is simply another "journalist" rehashing the report by Moody's of their skepticism of Gibsons ability to make scheduled payments on their debt. Moodys has done the same thing in years past. They expect privately owned companies in the music industry to have the same debt/earnings ratios as Apple.

Gibson has survived as have their investors and suppliers.

Please let's not get into another argument about The Lacey Act.

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