Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: JoeinIowa who wrote (23048)	12/21/2000 9:10:38 PM
From: Ken W	Respond to of 29382

Joe: Well it is the end of the day: REMC is a very nice looking company and in the right spot for a GOP lead gov. Earnings are very, very nice on higher and higher rev.s. book is great, Return on Equity is very attractive. WHY IS IT MAKING new intraday lows today???????? There was some trades today below book value on the stock. The bad news. In June 00 the stock was making 52 week highs. That is about the time Mr. Lee (the CEO) moves on and is replaced. (the street does not like changes) Then in June. Tao C.(a vicePres.) decides it is time to sell millions of shares into the open market. (more changes), now for the kicker. The company starts to bid for a Svvvvveeeedish company that makes anntenas. Only problem is that this company announces that it is starting to lose money on one of its div.'s...that spooks investors as to why REMC would want to buy a foreign company that is losing money. I'd stay clear until the dust settles some. The new CEO may be a loser. Ken

To: JoeinIowa who wrote (23048)	12/21/2000 9:12:50 PM
From: Magnatizer	Read Replies (1) \| Respond to of 29382

Joe I switch because terrashare pays me for having site there. A whoping 50 cents for every 1000 hits. So visit often! Like 30 times a day. I am coming to the great white north. In fact I am 1/4 of the way there right now. Stopped in Knoxville cuz the roads were getting bad. Not sure I have the chk chart on this puter. If I do I will get back to you with the mags. ht Mag