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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (22430)6/16/2000 1:49:00 PM
From: paper man  Read Replies (1) | Respond to of 25711
 
Joe - thanks - and would be honored.....:)

And btw - I understand their sector to be a consolidater which they actively have and will be participating for the revs... There only debt I think is to Comerica bank which Mr. Prechter has a Board seat ( just good sign )

In addition, all but 7 percent of the 14MM shares outstanding are held tightly by about 100 shareholders of whom Prechter owns 9MM...... weeeeee. as you would say.

have great weekend
Good luck



To: Joe Copia who wrote (22430)6/16/2000 2:09:00 PM
From: paper man  Read Replies (1) | Respond to of 25711
 
Joe Copia - When Mr. Prechter (ASC Holdings ) bought JPEI last year along with Kajaian Holdings theychange accountants from Pricewaterhouse Coopers to Ernst and Young ....
I note this .. Quoting:
<< The decision to change the Registrants accountants was based on the Registrants desire to appoint a new independent auditor after ASC Holdings LLC and Kojaian Holdins LLC (with whom Ernst and Young, LLP has had a long-standing working relationship) acquired a majority interest in the Registrant on May 27, 1999.>>

Now its been a long time since I saw a BB with strength and caliber of people such as this company.