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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (11355)12/15/1998 9:23:00 PM
From: RCJIII  Read Replies (1) of 29382
 
Amigo and Sandra, some positive notes from CNGR's release:

They confirmed that a new PAACO dealership will open soon with 2 more to open next year.

They confirmed 2 hotels will be opened and operational soon, one in jan., one in february.

They bought back over $1 million of their own shares last quarter.

.025 was reduced from earnings from a one-time charge for something to do with the casino operations.

Other notes not mentioned- road show begins in Jan., updated research report due soon, Inktomi keeps rising each day getting closer to the $30 million figure.

The VP is going to South America for a month, probably to oversee the expansion of their casinos to new locations- this is probably what the charge was for.

They need a new PR firm and some greater exposure, but the company seems to be doing very well fundamentally.

RCJIII
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