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Strategies & Market Trends : HomeLife: A Global Franchise Real Estate Company (HMLF) -- Ignore unavailable to you. Want to Upgrade?


To: Bret Emmett who wrote (380)11/19/1999 1:05:00 PM
From: Mr. Sunshine  Read Replies (1) | Respond to of 383
 
In case anyone is still out there, I noticed this morning that HMLF is now trading as HMLFE. The "E" apparantly means that they are late in making some reports.

I called the company and got this answer. Homelife has filed a Form 10 with the SEC, and will become a fully reporting company soon. They will make the first quarterly 10K report within 45 days of their quarter ending November 30, 1999. The report will be available on EDGAR.

They said that they have purchased 50K worth of stock so far, and are buying more. He was not sure of the details of the stock buyback, but thought that they were putting in limit orders to get the best price.

I asked about growth, and he said that they had "some growth", but not as much as hoped. He said that they are finding out that the Red Carpet brand name is much more recognizable and has a good reputation, so they are thinking about emphasizing that name a little more.

Regards,

Steve