Resource America (REXI) Message Board

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Strategies & Market Trends : Resource America (REXI)

REXI 9.780

0.0%

Sep 9 5:00 PM EST

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To: Candle stick who wrote (64)	8/30/1998 12:10:00 PM
From: Spunky Beaver	Read Replies (1) of 220

Since you seem to be aware of all things positive about sexi REXI, please tell me: 1.Did mgmt guarantee they would be buying stock? 2.Did they guarantee they would be buying back bonds or preferred? 3.Did they give a timetable for completing these purchases? 4.Do they have the cash on hand to buy back securities? 5.If they do have the cash, can they buy back these securities without effecting operations? 6.If they don't have the cash on hand, how will they get it? Issue bonds to buy stock? If you can answer just two of the above 6 questions, I'd be real impressed.

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