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Non-Tech : Amresco [AMMB]
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To: TraderGreg who wrote (177)12/10/1999 12:57:00 AM
From: TH   of 218
 
TG,

Very strange indeed, or is it? I wonder if the "new" AMMB is worth what the longs think it should be. They sold off a bunch of the company and how this affects the book is unknown.

The street is just sick of Lutz and Co. I don't think these guys really have a good eye on the ball.

I am lucky as I sold everytime this moved up. I am only holding a few k at a cost basis under 3. I was hoping to trade that out for some extra icing on this play. I will hold it for a month or so and we will see if they really have some plan for the new company, or if some other suitors comes knocking for the rest.

Good Luck

Thurston
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