With respect BOT, i totally disagree.IMO, KEY management have...

With respect BOT, i totally disagree.

IMO, KEY management have reacted superbly to the credit crisis and have managed our cash flow extremely well through a very difficult period. Yes, our projects have been delayed and the management team has taken a cautious approach, however I would rather them do this to ensure we not only survive, but grow quickly once the market corrects.

If you are only holding options then you will have felt the full force of the credit crisis, however this is the risk when you buy options. By the way, I am sitting on a bunch of worthless options also and accept i made an error of judgement in accumulating more as their price dropped.

Sure other companies have taken a different approach and have continued on as if nothing has happened, time will tell if they survive or not when they run out of cash IMO.

Cheers
R