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Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO

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To: Sergio H who wrote (1254)8/28/1999 3:49:00 PM
From: Ken W  Read Replies (1) of 1316
 
Sergio,

KDST: In June the co. sold a bunch of perferred stock to strengthen their cash position but spent nearly 1MM on a building etc. Sales increase is excellent, cost of sales went down a bunch and overhead decreased. With all of this going on why would they need to sell perferred stock to raise cash? Something is not right.

Ken
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