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Strategies & Market Trends : Crash and Burn 2001

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To: Dale Baker who wrote (79)7/20/2001 7:33:31 AM
From: ToTradeWell  Read Replies (2) of 207
 
Dale,
SPRI is an interesting stock to me. They make pickup bed liners and run a drag race track. They are talking about building a 200mil sports complex with a gas station, motel, & store. Yet the fine print says they have not yet talked to any sports teams. Revenues fell 1st quarter to 3.6mil. Their market cap is 338mil. Just announced a stock split. (24 mil shares outstanding, 12 mil float now)

A friend of mine who like sports says this co could easily be profitable with this sports complex. I am not familiar with the operation of sports complexes. Any thoughts anyone?
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