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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: reaper who wrote (191289)	9/10/2002 2:32:34 PM
From: ild	Respond to of 436258

New Century Fincl CEO, Fincl Chief Each Sell 100,000 Shrs DOW JONES NEWSWIRES WASHINGTON -- New Century Financial Corp.'s (NCEN ) chief executive and chief financial officer each sold 100,000 shares of the company's common stock Friday, according to Form 4s released Tuesday by the Securities and Exchange Commission. Chief Executive and Chairman Robert K. Cole sold the shares for $29.50 a share. As of the date of the filing, he directly owned 991,705 common shares. Chief Financial Officer and Vice Chairman Edward F. Gotschall sold the shares for $29.50 each. As of the filing date, he directly owned 910,761 common shares. New Century Financial, of Irvine, Calif., is a specialty finance company. Shares of the company recently traded at $32.39, up 74 cents. -By Ben Siegel, Dow Jones Newswires; 202-628-7689 Updated September 10, 2002 1:31 p.m. EDT

To: reaper who wrote (191289)	9/11/2002 12:29:00 AM
From: mishedlo	Read Replies (1) \| Respond to of 436258

THis chart looks ominous. Multi year H&S. PE looks fine. Lots of debt but YHOO does not show it. Had to look at financials to see it. Any opinions on this? What a buy at $2 in 1998. finance.yahoo.com Shareholder equity of negative 705M What's that all about? biz.yahoo.com M

To: reaper who wrote (191289)	9/11/2002 8:36:58 PM
From: ild	Read Replies (1) \| Respond to of 436258

Capital One (COF) 41.16 +2.21: Charge-offs for COF's Master Trust increased 24 bps over July to 4.15% with delinquencies increasing 14 bps to 5.32%, in-line with mgmt's expectation for higher losses in Q3 and Q4 (due to lower recoveries and the seasoning of sub-prime accounts originated in the last 12 months) ... stock jumps close to 6% in response. Merrill Lynch views the rise in losses as more modest than might have been expected with the avg for the qtr thus far is 4.03%. Firm believes this suggests full qtr losses could be as low as 4.45% vs their est of 4.7% and maintains their Outperform rating and $54 price target; continues to believe that COF's stock represents excellent value at current prices.