I have always regarded public projections regarding stock price as a warning sign.
<<<<Mr. Peacock, president of Peacock Financial Corporation, is quoted as saying, ''Our internal conservative calculations produce a stock value between $6 to $8 per share for these two projects alone. >>>>
<<Peacock Financial Corporation, a master developer headquartered in San Jacinto, California, will provide management services on behalf of Hawthorne Group. Peacock also announced in a previous press release dated March 3, 1998, that it is going to provide similar project management services for Hawthorne Group in a 6,500-acre resort and natural resource project near Vail, Colorado.
When asked what impact to the Company these two projects will have on shareholder value, Mr. Peacock, president of Peacock Financial Corporation, is quoted as saying, ''Our internal conservative calculations produce a stock value between $6 to $8 per share for these two projects alone. It is also our intent to bring in an outside analyst to evaluate these transactions independently and it is our belief that this independent report may produce even greater shareholder value.'' >>
Any thoughts? |
