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Non-Tech : FGCI --- Family Golf, Tiger Woods, Etc. --- For Long Only

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To: Bo Le who wrote (79)7/2/1999 11:36:00 AM
From: Marty Rubin  Read Replies (1) of 101
 
I got this from yahoo! msg boards on earning release aug 11(http://messages.yahoo.com/bbs?action=m&board=7081857&tid=fgci&sid=7081857&mid=1649):

"Aug 11, 1999 - per FCGI
by: whitestar_99_Joe 1649 of 1733
Second Quarter earnings are due out Aug 11, 1999 per FGCI - which is outrageous.....Earnings on any normal company would be out mid July....

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Posted: 06/22/1999 01:10 pm EDT as a reply to: Msg 1648 by jennqin
View Replies to this Message "

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(and messages.yahoo.com )

"Timing of earnings is the same as last
by: humanwithnoname 1655 of 1733

quarter, (released on May 10 => August 10 for this Q.
First Quarter earnings were okay, so I wouldn't read earnings surprise into the release date.

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Posted: 06/22/1999 04:27 pm EDT as a reply to: Msg 1654 by simplegreen5"

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The company wanted to adopt a poison pill to fend off bidders at this low price. I would like to assume that the rise in price and buying by "someone" is due to takeover (assuming it wasn't voted yet, or it can just be firendly). options was also very strong yesterday on the July, Aug, and Nov 7.5, 10 and 12.5 calls. Selling was at the puts. if this was indication of a takover or rise in price it would be hard for me to tell.
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