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I've been through a dot com downsizing, and eventual closing...it's not a fun thing to go through. On that front, I would stay as upbeat as you can, this will allow you to take the best advantage of opportunities that do come your way.
On the running front, once again Steve is the man. His suggestion is bang on. It allows you to meet with the potential contact, get involved, but do so at your own pace.
Take care of you, and the hammy/knee too.
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