TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who started this subject	8/25/2000 11:21:39 AM
From: TallTrader	Read Replies (1) of 150070

REDI .017x.019 getting some buying Former brake company being cleaned up as a Shell to be Reverse Merged. Shrs Out 56.31 Mil Float 50.10 Mil ISSUE DATA (01/15/99) PER SHARE DATA RATIOS Price $ 0.00 EPS (TTM) $ -0.91 P/E (TTM) NM 52W High $ 0.11 Div. Rate $ NA Yield 0.00 % 52W Low $ 0.00 Book Value $ -0.25 Price/Book NM Shrs Out 56.31 Mil Cash $ 0.00 ROE (TTM) -1,618.43 % Float 50.10 Mil Rev (TTM) $ 1.71 ROA (TTM) -94.90 % Mon. Vol 0.00 Mil Curr. Ratio 1.68 Beta -5.28 LT Dbt/Eqty NM BRIEF: REDI distributes brake systems, chassis components and other undercar parts to commercial auto repair shops. For the 9 months ended 3/97, net sales decreased 30% to $31.9M. Net loss rose from $4.6M to $26.1M. Revenues reflect 15 fewer warehouses and a lack of fast moving inventory due to financial constraint. Higher loss reflects decreased gross profits, the closing of 7 underperforming warehouses, and a $14.2M loss on sale of assets.

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