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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Jim Bishop who wrote (92482)9/25/2001 8:12:35 PM
From: Buckey  Respond to of 150070
 
BRKC - $2,37 last wednesday - closed today at $0.28 on cash flow and debt servicing worries.

Highlights:
- Market cap of $18 Million
- Earnings of $40 Million roughly( Net earnings after tax)they were $0.12 last quarter (P/E ratio way uder ONE)
- wrote down goodwill by $275 Million - Thats what started the downturn
- 10q out yesterday say $1Billion in orders waiting-
- Conference call Wed after close to explain recent events

Yes dilution will happen so say we have p/E of 2. I dont know but im thinking that its worth at least watching.
- costs have been cut



To: Jim Bishop who wrote (92482)9/25/2001 9:02:56 PM
From: Sprintcar  Read Replies (2) | Respond to of 150070
 
Taken from the Yahoo thread for anyone playing GENI

WOW! TERRORIST $ LAUNDRYING?????????
by: flemingtonlady (37/F) 09/25/01 07:43 pm
Msg: 6334 of 6350

Hearing some strange rumors. Anyone know who is this Ultimate Holdings, Ltd and who is behind it? Where is Ramy Y. El-Batrawi from and who is he tied in with?

Rumor has it that the feds closed a brokerage firm called Native American Securities Co., Inc., located at 42 Broadway, NY, NY.

Seems they were loaning out shares of GENI to short sellers and in the end failed to deliver after having received over $50,000,000 in proceeds. They were shut down last night and mysteriously nobody is there anymore. Their attorney won't give any information out. Law authorities are being very hush and the NASD is keeping very tight lipped. Seems very strange. Rumors that some financial firms will fail over this are also circulating.

Very strange that this firm has basically disappeared. Seems strange that they would be dealing in such large volumes of this stock. Is it a coincidence that the CEO appears to be an arab? Funny how the NASDAQ halts the stock after learning that American Native Securities screwed the street in this stock.

There is a tangled web here IMO. Anybody that has any info on any of the characters involved would love to see it.

This has all the appearance of something very bad.

sprintcar