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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: straight life who wrote (3740)7/13/1999 10:45:00 PM
From: Uncle Frank  Read Replies (1) of 54805
 
>> Issuance of 4M shares accretive as 1. (Julie already explained)
interest ($) obtained will add to earnings, which are then multiplied to us thru P/E and 2. interest rating on debt to be paid drops

I didn't buy Julie's answer, sl; it was a pre-scripted valueless response. If they can make more money selling pieces of the company and putting them in the bank, why not just sell the whole damned thing and be done with it? And they didn't need to raise cash, as their sec filings clearly show. Eventually, the truth will come out, and I'll bet it's got nothing to do with Julie's response.

Q took a lot of money from me today and put it in their coffers; I'm still rather irked.

Frank
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