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Non-Tech : BYDS

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To: Andrew Vance who wrote (86)9/25/1997 9:25:00 PM
From: Michael Davis   of 152
 
I heard that Boyd is selling inventory at a huge discount. This could be a strategy to gain cash flow, or increase market share lost last year due to Q.C. problems. They are running only one shift right now. Perhaps there is something more sinister, but I am not prepared to guess at it.

Boyd bought some shares back in June
stocksmart.com

He and others may have bought more, but reporting not completed yet. My feeling is Boyd is well aware of the potential $$$ to be made with this stock and doesn't want to miss out on it himself. Certainly, recent management changes want to see an improvement.

However, given the reported "fire sale" of inventory presumably hurting margins, can this mean another qtr report of addtional losses to the bottom line?
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