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Strategies & Market Trends : Resource America (REXI)
REXI 9.7800.0%Sep 9 5:00 PM EST

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To: Pluvia who wrote (122)10/2/1998 10:49:00 AM
From: PaperProphet  Read Replies (1) of 220
 
Are you saying that REXI landed the MAPCO deal and would have benefited from it but REXI insiders themselves swung the deal entirely? I know that REXI was limited to the amount of loans they could actually handle for a while. If what you say is true I would be disappointed. Can you tell me where I can find this information?
I think you are wrong about the accounting. I couldn't find anything myself, and if there was anything wrong with the accounting, I believe at least a few accountants would have stepped forward with their findings to try to make a name for themselves. It's been a while since Off Wall Street announced that they thought the accounting wasn't up to par and nobody has shown otherwise yet.
I personally think the stock is trading at a very good price at these levels and would have to see something concrete before I think otherwise.
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