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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Bob Rudd who wrote (10018)2/18/2000 6:21:00 PM
From: Allen Furlan  Read Replies (1) | Respond to of 78666
 
Bob, thread.
Would appreciate opinions on tcam, Transport Corp of America. Merger proposal last month for 17.3. Merger off and stock falls to 5 year low of 7.5 within one week. Below book. Analysts say 1.20 earnings, ceo says higher. Looks to be progressive purveyor of trucking and logistics services. Here is my burning question What would be interpretation of bid 6 ask 8.5 on todays close? I have ordered investors package but the bid/ask is a mystery. Comments please.



To: Bob Rudd who wrote (10018)2/18/2000 6:33:00 PM
From: Madharry  Respond to of 78666
 
It is not a slam dunk but it's still a bargain-companies with poor managements and poor presentation skills usually are. On the otherhand my guess is the company will be sold at nice premium in the coming year or they hire a hot shot CEO. EIther way the stock goes up.