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Microcap & Penny Stocks : Fruehalf Trailer (FTC) NYSE Stock at 62 Cents

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To: Don who wrote (4)9/2/1996 11:43:00 AM
From: JGreg   of 68
 
Don,
I just read a press release dated 8/15 in which FTC says it would like to sell the entire business due to "extreme overcapacity in the truck-trailer market." This doesn't sound like a company that has any interest in taking on the competetion. When FTC is using this kind of language, where do you see the bounce coming from? Possibly a (whole)sale of its trailer manufacturing assets and taking a new business direction?

Greg
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