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Strategies & Market Trends : Rande Is . . . HOME

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To: Trumptown who wrote (13618)	10/18/1999 7:30:00 PM
From: Rande Is	Read Replies (2) of 57584

Hillarious! . . . . Hey. . .did you see RAD news? $300 million investment coming. . . CEO resigned and current Pres and COO is new CEO. . . Considering the direction the stock took under old CEO, I think this will be a welcomed relief to shareholders. They are restating their financials for 97 through 99 . . which are lower by $500 mil. Postponing 2.7 bil debt and getting $300 mil from the company that sold them the Thrifty chain. . .they will get a dividend that converts into common at $11/share [15% up from current price] . . . .Awe, just read it yourself here: cbs.marketwatch.com I like the news. . . who knows how shareholders will view it. . . ? Rande Is

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