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: Sergio H who wrote (9124)	6/27/2001 3:41:47 PM
From: Jibacoa	Read Replies (1) of 13094

Sergio: Check the recent news on ICA. A couple of weeks ago they announced that they had bought back $75 million dollars of its $150 million bonds issued in 1996. This week on Monday, they announced that its unit ICA Fluor Daniel received a $158.5 million contract from U.S. power company Sempra Energy to build a power plant in Mexicali. They are selling around 0.25 of book and 0.21 of sales and of course way off from the $34.50 they traded in February 1994.<g> I think the risk/reward is low at present levels. siliconinvestor.com RAGL Bernard

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