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Non-Tech : Meadow Valley Corp(MVCO)-riding the Southwest growth boom!
MVCO 0.000700+16.7%Oct 31 9:30 AM EDT
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To: Arizona997 who wrote ()8/20/1998 7:09:00 AM
From: Arizona997   of 7
 
There seems to be a lot of interest in the warrants - 56,000 traded yesterday and 52,000 the previous day. At first glance they don't appear to be too attractive, i.e. 1 wt + $7.20 = 1 share of common. However, these warrants presently trading at a buck a share allow you to leverage a lot of stock for small dollars. The warrants are good till October 2000, and Meadow Valley Corp. will likely ride the Southwest growth boom well beyond that date with Federal monies. Red Chip Review sees MVCO's stock price climbing to $9 or higher over the next 12 months.
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