UAI is an insurance co. that moved from the OTC-BB to AMEX recently, with a market cap of about $ 1 Billion.
For the three months ended 3/31/99:
total revenues totalled $19.6 million.
Net income totalled $1.4 million
Info on the stock can be found here:
biz.yahoo.com
Some investors believe that based on price/book and price/earnings, the market cap is extremely high, compared to industry peers, and that the balance sheet does not look very clean for an insurance company. Some believe that the corporate history (OTC-BB and a reverse merger) are unusual for a stock with this market cap.
The first few posts in this thread are re-posts from another thread, so that there is a complete record on a single thread. |
