Insurance cos (proposed buy outs, etc. discussion) Message Board

STOCKTALK

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.

Non-Tech : Insurance cos (proposed buy outs, etc. discussion)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: QuietWon who wrote ()	2/24/1999 2:33:00 AM
From: Coz	Read Replies (1) of 55

PFG I've inherited some bonds in PFG. The price was trashed along with the stock because they were carrying some division on their books at prices that had little relationship to planet Earth. Last summer when they were found out their stock went form $32 down to about 60 cents. Management has been selling off divisions and trying to get the company lean and profitable in hopes of attracting a buy out. Their price remains in the sub one category, but their book value is about $10. Earnings are out next month and are rumored to be good. It seems to me like the common might be an interesting gamble here. The float is 15mm. Only one analyst follows it and rates it neutral. MACD is on a sell. Stochastics turned up. As far as them meeting their commitments, I can attest that they did pay the interest on my bonds in November, and it looks like they will continue to pay. Profile: biz.yahoo.com Chart and Technical indicators: clearstation.com --Coz

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next