REXI is jumping up! Message Board

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Strategies & Market Trends : REXI is jumping up!

REXI 9.780

0.0%

Sep 9 5:00 PM EST

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To: Andy Yamaguchi who wrote ()	8/24/1998 2:39:00 PM
From: jjrocket	Read Replies (1) of 83

Latest from Briefing.com 14:32 ET Resource America (REXI) 22 5/8 -6 1/2: According to Janney Montgomery Scott, there is no fundamental reason for price drop. Says decline appears to have been driven by false rumors. Says has spoken to a number of executives at the company and they feel comfortable that there is no negative event on the horizon or change in positive outlook. Firm says remains very bullish on REXI and views sell-off as "terrific" buying opportunity. 14:22 ET Resource America (REXI) 22 1/4 -6 7/8: Specialty finance says knows of no reason for stock decline. Notes that company continues to perform in line with expectations. REXI shares tumbled 5 11/16 pts Friday, REXI shares have retreated an additional 24% today.

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