ULB-LAZY BUT LOTOFVALUE Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ULB-LAZY BUT LOTOFVALUE

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Terror who wrote (68)	11/4/1997 4:29:00 AM
From: Dan W.	Read Replies (1) of 117

Marcie, I have followed ULB since January and also own DIN(L). Today's numbers demonstrate that ULB has turned the corner. Q3 was expected to be weaker than Q2. I would be surprised to See the Stock not rally on this report. However, should it remain stable I would be an anxious buyer. Stockholders are buying cash flow in the range of $.55-$.60 per share. While the Co has a lot of debt, this cash flow can easily support debt coverage. Mgt views the debt as an asset and could begin to pay some down at a later time. There is also a possibility that another Co (perhaps Lab Corp of America LH) could buy the Co out if they decied to reenter the California maarket. While such a transaction would be very expensive for LH, it is a naturael exit strategy for ULB shareholders. What do you know about DINA? I own the L shares and struggle as to why everyone buys the regular shares that trade $1.50-$2 higher. I know liquidity is an issue, but I am not sure that a 30% discount is worth the privelage.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next