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Strategies & Market Trends : Bill Wexler's Profits of DOOM
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To: Peter V who wrote (2745)9/15/1998 1:23:00 AM
From: Bill Wexler  Read Replies (1) of 4634
 
I think the business is on the ropes and they're making a last ditch attempt to shop the company. Here's what puzzles me, management claims it rejected an "unsolicited bid" high above the current price earlier this year. I think it was a ruse to artificially inflate the price, because the bid has not rematerialized.

The stock is headed much lower. Only a matter of time.
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