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Microcap & Penny Stocks : Amcor Capital (ACAP)
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To: skinydipper who wrote (53)7/19/1998 5:52:00 PM
From: ElGator  Read Replies (1) of 63
 
Tim:

Actually, this is way the earnings normally come in. Last year the grape harvest was unusually early, resulting in the earnings being recognized in the third quarter. Stock is an outstanding value at these prices, selling below book value. Stewart said that he has heard that company may buy back a good part of the public float. At theses prices, that would make a lot of sense.
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