Astropower Warranties [RE-wrenches]

jeff at hvce.com jeff at hvce.com
Fri Feb 6 17:56:27 PST 2004


GE only purchased some of the assets of Astropower (subject to winning 
in a final bidding process as required by bankruptcy law).  In doing so, 
they specifically avoided taking on the warranties which are a 
liability.  That's one big reason to purchase assets rather than the 
stock.  AP product warranties I suspect are likely to be worthless.

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