Sharck Soup Message Board

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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	5/22/2001 10:16:24 PM
From: Softechie	Read Replies (2) of 37746

COSN MCTR Charts are looking real good. Buying more on the dips. XOXO is also looking good. WAC is calling me again. Listened to the conference call today and it ain't as bad like last one. May be I'm too damn numb and dumb to understand the losses they're having. They've hired a turnaround specialist. Cash position is up from $11M to $55M. Over $60M paid for interests on the debts. Damn banks. I'll see how WAC trading in the next few days. I'll buy at $0.25 cents if they drive that low. I don't think they'll default but you never know. They have over $1B in credit line left. Just have to watch it I guess.

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