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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (20894)9/9/2000 10:30:12 PM
From: Ken W   of 29382
 
Sergio,

ANIK: Well, what can ya say? Find um, sue um and good have hit the company with about 10 class actions for having to restate their accounting practices for all of 98 and 3 Q's of 1999. For the first 6 months and past Q revs are up a bit but bottom line is down. Also gross margins are off to just over 30% from just over 50%...other than a dead cat bounce this one is a looooooooooooooong termer.

It would be nice if just half of that nasty gap would refill...wow.

PETM I have every faith in going to at least 6 short term. Longer term 8.50 looks do able. Things are turning around and the stock is showing some interest by other than the 200 to 1k share crowd. LOL

Looking for RDRT at 8?

Ken
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