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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (83755)9/26/2000 9:11:49 AM
From: JHP  Read Replies (3) of 132070
 
Michael could this possibly be TRUE?
On the bankruptcy issue: Stone & Webster went bankrupt recently and the company has positive earnings all the way.

The stock is now SWBIE and a smoking BUY because it's trading at at only $1.50, yet the company sold all of its assets to the Shaw Group (SGR) for a LOT of money, and it looks like there will be several dollars distributed to the shareholders at the end of this. $8/share looks likely. .... found on yahhoo board, thank you john
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