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Strategies & Market Trends : Lizard King's Trading Swamp
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To: TATRADER who wrote (5198)3/17/1998 7:00:00 AM
From: bazan  Read Replies (1) of 7396
 
Mark,

If you get a chance I have a low-priced stock that I'd like your ta opinion on. Price down to .62 from the $14-15 range?. It's MFN - Mercury Financial. This is the co. that got popped for cooking the books a year ago. Last mo they brought the old 10Q&K's up to date. Excerpt from 2/26/98.

''We are extremely pleased to be in compliance with the SEC filing requirements for the first time since the accounting irregularities were discovered in January of 1997,'' said William A. Brandt, Jr., president and chief executive officer of Mercury. ''We fully expect to file the 1997 year- end 10-K in a timely fashion before the end of March.''

Chart looks boring but what do I know.

Regards,
ms
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