Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Marconi who wrote (17375)	2/10/1999 2:34:00 PM
From: Oeconomicus	Read Replies (1) of 18691

Speaking of brokers, anyone notice RFGI? Up 9 3/4 to 12 today on an announcement that they will offer online brokerage geared toward daytraders. Otherwise, it is really an insurance company. Market cap - including today's gains - is only about $35 million. Book equity (it is an insurance company so it matters) at 9/30 was about $3 million and they lost over $800,000 that qtr. It has traded about nine times the float so far today. Thoughts anyone? Bob

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