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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (16351)7/20/1999 11:43:00 PM
From: Amigo Mike  Read Replies (2) | Respond to of 29382
 
HI Amigos,

Kinda quite around these parts.

Stopped in to say "Hey". Been real busy and not been on the internet much. Hope to get back into the swing shortly.

I see we still have our buddy Mr Gold"chip" still hanging around.

Amigo Mike



To: Ken W who wrote (16351)7/21/1999 9:58:00 AM
From: RCJIII  Read Replies (1) | Respond to of 29382
 
Ken, Still evaluating CCEE. They own a big chunk of SWRX, which they spun off. That stock has done very well. At one point they owned 11 million shares. At the current level of $11.125 per share, if CCEE retains the same ownership, it would be valued at over $120 million or about $6 per CCEE share.

Not bad for CCEE, which is a Sub $2 stock.

This would provide the safety net for an otherwise very risky play.

I am trying to determine how many shares they still own. I think they sold at least a small portion. I am seeing conflicting info.

I will keep you informed.

RCJIII