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

To: in_cog_nito who wrote (23373)	1/15/2001 2:16:00 PM
From: Ken W	Respond to of 29382

Scott: Great info. on PCOM. I also noticed that they received an upward revision on their next Q earnings. WISB was a buyer in the Q report ending in Sept. They are listed as an Active fund, meaning that they move in and out of a stock within 18 months. (as evidenced by their movements with RDRT) Speaking of which. WISB filed to sell 2.7mm shares of RDRT that they paid 18.7mm for. So, they obviously are positioning themselves for any rise in RDRT stock. The only thing that bothers me is that their cost base is considerably less then the math of near 7 per share. Also in the filings is the purchase of shares by the Cayman Islands co. as well as the Nevada corp. In the thrid filing (proxie) is the proposed increase of 40mm shares of RDRT stock (bringing the total outstanding to 200mm) I'm not overly crazy about that at all. The increase in shares can be seen as protection of a take over, growth thru buying out someone else or simply and increase in stock options. Regardless, the filing states that it will be delutive to earnings. Not very good timing. I agree with you on PCOM timing though and will begin to build a position this week. WISB seems to have a knack for this sort of stock and at least it is being pushed by VanK rather than downgraded. Ken