Georgia Bard's Corner Message Board

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Pastimes : Georgia Bard's Corner

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To: Ga Bard who wrote (1157)	5/1/1998 6:08:00 PM
From: Jim B	Read Replies (1) of 9440

GaBard did you see the news on AUTO... notice the part at the end -- "In addition, in April 1998, we retired $2 million of subordinated debt for certain off balance sheet assets resulting in a gain and an increase in net worth of approximately $2.5 million. We are continuing to strive to return the company to a solid financial base upon which to build shareholder value." Although there was a 7cents/share loss.. I think it could have been much worse... since you've been following this one longer than me ( or maybe someone else could comment)... what do you think of the combined 2 press releases within the last 2days? AUTO closed up 1/3 to 3/8 but off a high of 7/16 I believe. Thanks in advance. MEGH still showing good support around 20cents... can't wait for this one to kick into overdrive... tradings logs sure look like some heavy accumulation is building.. TSIS had a nice finish up from .49 on the low today to trade heavily the last hour to jump to .53 x .54 with anticipation of some MEATIER news next week and another the week after so I hear. take care.. jim

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