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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (6487)7/22/1998 5:25:00 PM
From: musicguy  Read Replies (1) of 25711
 
Joe, TREV is indeed a great looking company, take a look at this:

The CEO in a May 19 press release said, "I have elected to cut my salary by over 50% in exchange for stock options to help in the reduction of expenses and to bring us closer to achieving profitability."

That is a very encouraging sign to me. He will take stock instead of a salary? He must believe. They have bought back preferred stock, increased revs, and cut losses every quarter.

the Company is expecting to show quarter-to- quarter sequential improvement in revenues and earnings for the remainder of 1998.

I am in this one. It has been trading fairly actively but has remained at the 31/32 mark for a while... Not for long.

MG
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