Re: Encouraging News (Was Sad news)

Don wrote:

If there were anything we could do to impact the situation, I'd sit back and
let you and anyone else raise heck all night long...but this is a done deal.
All parties in the negotiations appear to have accepted the results. It's
their money.

You're not "letting" me do anything -- or not letting me for that matter. All you're doing is using some vague terms ("well into coming out of it") to describe a complex financial situation. Even the term "all parties in the negotiations" is nebulous because the parties in the negotiations are NOT necessarily all the creditors (and I'd kinda guess the ones getting 15 cents on the dollar weren't exactly jumping up and down when they found out). I'm not trying to say that your ultimate assessment of the situation -- that the publications will continue on as they did before -- is inaccurate, and I certainly hope you're right. But to say this is status quo, or situation normal, or even "a step in the right direction" is a pretty bland description of tough news, especially coming from you.

My primary point in my original message was to wish the folks at Penton well, and to point out that this is just another sign of the ailing state of the economy, our industry and the i sub-industry in particular. And I'm not going to get browbeaten over that observation. Y'all don't like bad news? Sorry about that. I'm not big on fairy tales like "happy unicorns" and "stimulus bills".

Joe