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To: Michail Shadkin who wrote (2419)6/19/2001 11:13:53 PM
From: Jim@Inland  Respond to of 6873
 
Did you see the 10Q on RSTO?

Falling same store sales.

Falling overall revenues, despite more stores operating!

Increasing cost of sales

Increasing general and admin expenses

And the stock trades near a 52 week high.

I had a buyin today on part of my position!! No wonder they keep the price up, while there is a short interest to draw buyers of their lousy stock from!! Geeeeeeeez.

Cheers Michail et al

Jim



To: Michail Shadkin who wrote (2419)6/20/2001 12:02:28 AM
From: Jim@Inland  Read Replies (1) | Respond to of 6873
 
SONE corp, L Daniel Lewis files to sell 13,000 shares today. Hmmmm:)

Cheers

Jim



To: Michail Shadkin who wrote (2419)6/20/2001 7:51:26 AM
From: Bocor  Read Replies (1) | Respond to of 6873
 
Gues all those recent 144's meant something?

PRESS RELEASE: Choice One Communications On S&P Watch-Neg

19 Jun 17:06


Following is a press release from Standard & Poor's:

NEW YORK (Standard & Poor's CreditWire) June 19, 2001--Standard & Poor's
today placed its single-'B' corporate credit and senior secured bank loan
ratings on Choice One Communications Inc. on CreditWatch with negative
implications. The CreditWatch placement is based on concerns over the company's
heightened liquidity risk over the next six to 18 months.

Choice One had about $214 million in cash and available bank borrowings at
the end of the first quarter of 2001. Standard & Poor's believes that, with
weak economic conditions, ongoing operating losses, capital expenditure needs,
and strong competition from regional Bell operating companies, Choice One's
current liquidity provides little safety against execution and market-related
risks. Although it has filed a universal shelf registration with the SEC to
raise additional funds, the company may find it challenging to raise more
capital given weak investor sentiment towards competitive local exchange
carriers (CLECs).

Choice One, a facilities-based CLEC, provides local, long distance, broadband
data and Internet services, and Web hosting to small and midsize businesses in
Tier II and Tier III metropolitan cities in 11 states in the Northeast and
Midwest. The company primarily uses a smart-build approach, which involves
installing its own switch and leasing local fiber capacity from regional Bell
operating companies in many of its markets. This approach has enabled Choice
One to limit capital investments and be first to market in some cases. By
offering competitively priced bundled services and tying the majority of its
customers to three to five year contracts, the company has been able to limit
monthly churn to less than 1%.


(END) DOW JONES NEWS 06-19-01
05:06 PM