want a free company?, page-6

Looks like a few investors/punters have backed my assessment (see initial post).

PBG's debt levels are not as bad as many suggest and, most importantly, the debt is due to a leveraged float and leveraged buy outs, NOT because of trading difficulties. Thanks private equity for loading this great company with debt before floating!!

PS, this thing may loose ground short term, but who cares?- Long term, they are a huge winner if they can pay off large chunk of debt within reasonable time frame.