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Strategies & Market Trends : Fatty's Donut Shop
KKD 21.000.0%Aug 4 5:00 PM EST

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To: T. Ambrose who wrote (488)4/7/1999 1:52:00 PM
From: Matt Brown  Read Replies (2) of 5041
 
T Ambrose,

Honestly, I am glad this stock has a higher float.

The float is like 36 or 37 million (minus cancelation of shares), but the O/S is like 69 million, which represents nice insider holdings!

The higher float, coupled with the continuing rise is attractive to me. This will keep it nice and steady and not surge up fast and then fall faster, I like that style.

My last 2 stocks ran fast, and I couldn't keep up. Hopefully this one will be a little more tame for me! LOL

FM

P.S. Keep in mind that even though the O/S shares are high, the P/E is still only 10 (by my calculations)
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