SI
SI
discoversearch

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.
Non-Tech : DEATHcare Stocks-Grim Reaper of Profits? -- Ignore unavailable to you. Want to Upgrade?


To: Bob Linhart who wrote (9)11/12/1997 6:14:00 PM
From: John Wasikowski  Respond to of 114
 
Bob,

One thing is for sure: LWN better get the stock price up and soon or even the most loyal of shareholders are going to give up on them.

Still would not be surprised if LWN sold off a piece of itself. They sold off their interest in Arbor Memorial, which Mr. Loewen wanted to acquire for years. It must have killed him to have to sell their interest in Arbor, especially to SRV! Also, remember LWN has the joint venture (off the balance sheet) with Blackstone Group.

Mr. Loewen from what I've read really works the institutional investors. The fact that a number of them gathered in Toronto, especially on the day LWN announced earnings, is a very interesting fact.

You may have made a great purchase at this price, but please keep your eyes and ears wide open. We haven't seen the end of the story by any means.

John