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Non-Tech : Finova ( FNV) - How low will it go -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Shaffer who wrote (62)10/23/2000 12:26:57 PM
From: dave rose  Read Replies (1) | Respond to of 82
 
Book Value $27.17
Cash 7.03
Bid Price 3.56
According to Yahoo:http://biz.yahoo.com/p/f/fnv.html
What is the huge problem????????



To: Daniel Shaffer who wrote (62)10/23/2000 12:38:04 PM
From: Ginko  Respond to of 82
 
Beside the insider purchases this spring between 13-20, management is forbidding any new purchases pending the resolution of strategic investment alternatives with CSFB.

As long as management remains "mouth-shut" until 11/14 - stock will continue its death spiral. I am confounded by the relentless silence from management - forget breach of court gag-orders on class action suits - the ongoing concern of the company is now at hand.