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.
Microcap & Penny Stocks : Consolidated Stainless, Inc (NASDAQ PIPE) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (98)12/6/1997 10:58:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 108
 
I have not averaged down first of all..
I spoke with the head of the company less than two months ago and
he has a lot of money invested in the company and it sounds like they
have been trying to restructure for the past while to bring down
costs...he said global competition has been fierce..somehow I think
the Clinton government is going to go behind the scenes and give
support to our dwindling manufacturing sector before we lose it all
to foreign deflationary pressures..and before a moaning turns into
a growling and small businesses start screaming for protectionistic
measures and people like Oliver North and Pat Buchanan gain more and
more political influence and the fat cats and present regime get
more and more of a political backlash...
that is why I am purely guessing that the bank will renegotiate..especially since they know that the company has hard
assets in equipment and it might have already started turning around..
so the bank wouldn't have to lose any money by creating a fire sale..