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Gold/Mining/Energy : Electrohome (EL.X-T,EL.Y-T)Baton Bcast (BNB-T) CTV Event -- Ignore unavailable to you. Want to Upgrade?


To: M. Merriam who wrote (2)11/3/1997 9:30:00 AM
From: Scott Mc  Read Replies (1) | Respond to of 38
 
Mike, thks for your input, they will announce 4Q on Nov 11th, I feel that like you say if is not a simple business, however it is being made much simpler, E.G. they should be left shortly with only 1 business(projection) and their stock holding in Baton. The stock holding is worth over $20 a share, who knows what they would do with it, howver if they spun it off to existing shareholders it would make the common shares worth north of $20. Im looking at it as a value play with little risk and hoping for 50% return over the next 2 years or less.
Scott