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Strategies & Market Trends : Three Amigos Stock Thread

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To: TraderGreg who wrote (15264)	4/27/1999 7:58:00 PM
From: KZAP	Read Replies (1) of 29382

I don't see AMMB going much lower then where it is now. I mean, when the sellers are done, and they will get done sooner or later, there are buyers ready to get in. I think it is rather stupid for investors to sell off a stock just because management didn't want to take 14 bucks a share. They would take $22 a share! Also, they didn't pay off in stock as previously announced. They have the cash to pay the $50 million. The stock is worth too much to "take" 7 bucks a share. So management values the stock above the cash. Good sign. KZAP

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