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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (4680)1/2/1999 7:45:00 PM
From: Steven Messina,L.M.T.  Read Replies (2) of 90042
 
Hey Tim.

I've got your thread bookmarked.

My position play for '99 will be Republic Industries (NYSE RII).

Check out the action on Dec 31st....seems a lot of people want in this stock for 1999.

Wayne Huisenga's buying everything he can get his hands on....too bad he's using RII stock as currency <ggg>

The float's pretty high in comparison to the total shs outstanding, but with a market cap of 6.4 billion and a book value of $11.46, I'd
say it's safe to begin accumulation of this giant at the current levels.

Opinions welcome.

Steve
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