SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Three Amigos Stock Thread
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cary C who wrote (10303)11/16/1998 7:59:00 PM
From: Sergio H  Read Replies (4) of 29382
 
Cary, I'm sure that you noted CNGR's relationship with Banc One and that one of their business operations offers extended automobile warranty programs.

CNGR is a timely stock. They're poised to get a lift from the anticipated Fed rate drop as they're involved in mortgages and credit operations and they're also receiving attention due to their ownership of about $25 million dollars worth of Inktomi.

< Under GAAP accounting rules, The Crown Group's published income statements will not recognize any profit or loss from its investment in Inktomi shares until all or part of the investment is sold. However‚ the Company's balance sheet will reflect the market value of the shares at the end of each quarter, until all of the Inktomi shares owned by the Company are sold. Due to the existence of a lock-up agreement between The Crown Group and the underwriters, these securities can not be sold until six months after the initial public offering date.>

You already covered the significance of the lock up date, but I thought that the accounting was interesting as well.

The Russell 2000 and APCO are both sitting at the bottom of their trading channels and Stochastics is signaling oversold. To illustrate
APCO's trading channel, draw a line from the high of 10/26 to the high of 10/29 for the top of the channel and a line from the low of 10/28 to the low of 11/13 for the bottom of the channel.

Amigo Sergio
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News