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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (16351)	7/21/1999 9:58:00 AM
From: RCJIII	Read Replies (1) of 29382

Ken, Still evaluating CCEE. They own a big chunk of SWRX, which they spun off. That stock has done very well. At one point they owned 11 million shares. At the current level of $11.125 per share, if CCEE retains the same ownership, it would be valued at over $120 million or about $6 per CCEE share. Not bad for CCEE, which is a Sub $2 stock. This would provide the safety net for an otherwise very risky play. I am trying to determine how many shares they still own. I think they sold at least a small portion. I am seeing conflicting info. I will keep you informed. RCJIII

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