Sunglass Hut RAYS- Will it ever breakout? Message Board

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Non-Tech : Sunglass Hut RAYS- Will it ever breakout?

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To: Steven Angelil who wrote (652)	10/7/1997 1:34:00 PM
From: Steven Messina,L.M.T.	of 971

Steve, I'm Audi 5000 on RAYS......bailed 1000 shs @ $8 even...and am content with a $20 gain......hahahaha. Trading this one on Margin is just too damn scary for me..sorry. Just hit 8 3/32..my luck. As for MTZ, the CEO is not in the hospital....his dad is. Jorge Mas Sr. is the chairman and really acts as a figurehead for the company. He does not deal with the day to day operations of the company. His son, Jorge Mas Jr. does. He's the CEO of the company and all is well with regards to the fundamentals. This strike in Spain is a setback but should be resolved within the net two weeks. Look where MTZ came from, chartwise.....no reason for her to be trading at these depressed levels at all. MTZ is gobbling up companies left and right..check YAhoo. Also they are selling interests in their smaller holdings so they can stockpile money away for the BIGGIE OF ALL BIGGIE AQUISITIONS soon to be announced I feel. I gotta go......ciao, steve

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