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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Crossy who wrote (3204)12/13/2002 10:30:29 AM
From: Crossy  Read Replies (1) of 37387
 
re: IPSU @ $4.35

IPSU continues to climb while the Dallas Morning news brought an indpeth-article on its history yesteray. Right now at $4.35. The last asset/subsidiary sale transaction makes the company almost free of longterm debt. Book value north of $10 and the transactions seem to have "unlocked" the book value for investors. (LEHmann owning 33% for example). This co. is 60% institutional owned as of now..

A real "STEALTH" play with almost no news, almost no info, almost no posting (aside of me) and Price/Book of 0.30 and PSR of sub 0.10. Yet it's climbing on increasing good volume. I really love these situations..

rgrds
CROSSY
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