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Non-Tech : Auric Goldfinger's Short List

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To: Rommy B. who wrote (316)10/16/1998 11:19:00 AM
From: Kevin Podsiadlik  Read Replies (3) of 19428
 
If it helps, I covered LBOR at the open today (for a small profit) as part of my reorienting towards what I believe will be a more bullish market.

That said there's definitely something fishy about LBOR. Just under a month ago they announced they were going to get listed on the NYSE (I seem to recall they even gave a date). After some harsh words from powers greater than they, LBOR amended their announcement to say they had "applied" to be listed on the NYSE. At any rate, there are clearly some accomplished hypsters at LBOR.

More serious are the allegations of accounting problems. Then again, those can take forever to catch up with a company.

One other data point: I drove by one of their suburban locations once. What an eyesore! Their webpage isn't much better, but at least they've sought help for that.

There's a conclusion in there somewhere. Hope you find it.
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