Roger's 1998 Short Picks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rashley who wrote (2918)	2/13/1998 1:29:00 PM
From: Keith J	of 18691

WDRY mentioned in lunchtime news at MF: Coinmach Laundry Corp. (Nasdaq: WDRY) was spun for a $2 1/4 loss to $21 after investment advisor Asensio & Co. alleged in one of its highly entertaining press releases that the provider of washers and dryers to multi-family properties overstated free cash flow in its fiscal third quarter financial report. Asensio said an accounting change allowed Coinmach to report $12.1 million in free cash flow, but believes the figure is actually negative $21.6 million. KJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next