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Strategies & Market Trends : Associated Group - AGRPA
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To: Robert Lawkins who wrote ()8/20/1997 12:00:00 PM
From: Jon Matz   of 19
 
AGRPA soaring without explanation.

I started watching this stock in June 97. There isn't any information
out to support the price, especially now. It has zoomed up 23% in
the past 16 days.

There was a 1% short interest as of 6/9/97 with the price at $39.50.
With an earnings per share of -$1.09, a P/S of 33x and a P/E of -39x
at that time. The Bears may have lost a costly battle, but it looks
like a great time to win the war.
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