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 : Wire to Wire Daily Stock Picking -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey L. Henken who wrote (1297)7/10/1999 10:50:00 AM
From: nokomis  Read Replies (1) | Respond to of 3514
 
New to this thread - sounds like you all do quite well..congrats.
I'd like to propose:

GEMS (Glenayre Tech) $5 close, 49.7M float - large insitutional buying over past few days, big boost in volume, trading at $2 under book value, rumours of buy-out from Motorola (unsubstantiated)...

techstocks.com

quote.yahoo.com



To: Jeffrey L. Henken who wrote (1297)7/10/1999 1:16:00 PM
From: John R Resseger  Read Replies (1) | Respond to of 3514
 
Jeff

MRKR-John Resseger-6M shares- $.40

I am reentering Marker in the prosribed manner today for Monday.

The stock outstanding is around 10M shs. as of last 10k, there were 4M shares owned by former CEO. Not part of the float n'est pas?

Technica has been doing DD on purchasing 85% of MRKR to bail them out of Marker's failed snowboard venture. Marker makes great ski bindings. The snowboard business was auctioned off. Uncertainty over whether Tecnica will close the deal has driven the price down from $.75 when the tenative deal was announced in March. The below link gives me confidence that Tecnica considers the deal done.

tecnica.it

Also I have posted exerpts from sec filings over on the SI Marker board.
Anyone who skis knows Marker makes good bindings. Sales are $85M Existing stockholders will own 15% of the new Marker.

I expect the details will be in PR next week.

John