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Non-Tech : PFX
PFX 45.00-2.3%Dec 26 9:30 AM EST

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To: Paul Senior who wrote (85)7/23/1999 6:00:00 PM
From: cc rogers   of 94
 
Appears that RLR's fiscal year ends Dec 31...that's why they chose to use that date to finalize this deal.
Meanwhile, although I'm leaving town tomorrow for 10 days, I did take a bit of time to do a little DD on RLR. It has more insurance than money management in its holdings, and may be trying to work up to becoming a brokerage firm...looking at the services they have and are acquiring. Just a hunch. Its a very dull stock, barely moves, but that would be good for option plays, if that's your thing.
That's all I know for now...I'll check in when I return.

As to price...I think some will read it literally and the price will move up to 35 or 36, but return and hover around the 33-34 range til year's end.
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