Originally Posted by
Purple Drank
Would you agree there is no way we can sell our profit sharing without taking some kind of loss?
There is no way to answer that unless you can predict the future profits of the company. In 2000 the company was generating margins like today and everyone said the industry was fundamentally changed and would be profitable forever. By Spring of 2001 we were losing money fast and the industry had experienced its biggest revenue drop ever.
Long term over the next 15 years I suspect we would gain income by moving at risk income to fixed income. Shorter term over the next 3 to 5 years we probably would lose income. It depends on what future value is assigned to the profit sharing if a swap is made. By 2PM today we will have a better idea where the company may attempt to go with PS.