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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: KK/MICH who wrote (63293)1/14/2000 7:31:00 PM
From: lurknomore  Read Replies (1) of 108040
 
OLCMF -- in Sept.,/Oct. they announced that book value was expected to become zero. They've sold off all major business lines in last 4 moonths. Three days ago, their executive management resigned... from what I can tell, they've cut workforce by 80% plus with more to come. It is not clear that these guys are still in business. Am I missing something????? Don't see anything superb or undervalued about it. Am I missing something?????? One more time. Am I missing something???
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