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OK, so 546 million British Pounds is not worthless. However, it is worth a lot less than 800 million. Pacific Poker (888.com) trimmed their offer price after Party Poker revised their financial outlook. Does it surprise anyone that poker sites that spend their time fleecing rake from players would have no compunction about fleecing investors as well? I would not touch this IPO if they offered a negative offer price.
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