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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (2768)8/3/1999 1:17:00 PM
From: David  Read Replies (1) | Respond to of 10293
 
Out of context, again, Bill. Try reading what is posted; the comment, of course, referred to the PR link.

People here actually believe you are a deep thinker?



To: Bill Wexler who wrote (2768)8/3/1999 1:17:00 PM
From: Marconi  Read Replies (1) | Respond to of 10293
 
Hello Mr. Wexler: WDRY

Just saw Alex Brown recommending a buy on Coinmach Laundry
biz.yahoo.com
and note the 75% non-float includes Alex Brown in on the 1996 IPO at $19.75/sh (4MM, 2.7MM by AB).
yahoo.marketguide.com
Seems gratuitous.

WDRY continues to destroy shareholder value with ruinous (non-economic) acquisitions using debt. Trading in 12's. If market tanks, I suspect this one should go south with it. WDRY traded around 5 last October in the brief rattles of 1998. Still I would prefer to short at a higher price. I don't see a trigger effect possible other than a market correction and quarterly reporting. WDRY remains on my radar.
Best regards,
m