Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (9018)	6/13/2001 1:21:19 PM
From: Jibacoa	Read Replies (1) of 13094

JIM: Doing well today (up 10.8%)after it announced yesterday it was going to raise $302 million to reduce its debt: CAMP HILL, Pa., June 12 (Reuters) - The No. 3 U.S. drugstore chain Rite Aid Corp. (NYSE:RAD - news) said Tuesday it had entered into agreements providing for the private placement of 40.3 million shares of its common stock to raise $302.4 million to help reduce its debt. I would like to see it closing above its May H of 9.09 What do you think ? siliconinvestor.com I will have to check again with Sergio, who has been long on it. RAGL Bernard

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