The Round Table: A work by the squares of the SNDK thread. Message Board

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Strategies & Market Trends : The Round Table: A work by the squares of the SNDK thread.

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To: Paul Senior who wrote (152)	5/21/1999 9:25:00 PM
From: Paul Senior	Read Replies (2) of 194

Starting a very small position today in Recoton (RCOT) @ 11.5 If you techies shop Fry's, then you've very possibly been a buyer of one of their "accessories": recoton.com Co. missed street earning's estimates and is hitting new lows. Selling now below stated book value of $12.6/sh and at psr of .2 (data per Yahoo). I say the company and stock will come back. I don't know how they will do this, they seem to be in very competitive businesses, but sales (due somewhat to acquisitions) have been going up each year for the past several. I see a 50% increase in stock price within 2 years. (So it's not a SNDK, but then... what is?) JMO, and I've been wrong many, many times.

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