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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Amigo Mike who wrote (465)	2/6/1998 1:04:00 AM
From: Ken W	Read Replies (1) \| Respond to of 29382

Mike, ENBX Noah Bagel 50+% owned by BOST Boston Market. The charts mirror each other. BOST just made a great run from 6 to 8 in the last week (yeah the wife had it, I did not)Mike H. Anyway, ENBX trades at about 8 times earnings, has a new CEO and is in the process of consolidating some franchised stores to company stores. Yahoo board is hinting at some sort of announcement soon that will break the stock loose. They also introduced a new menu. Short interest has been decreasing over the last month by about 1 million shares. I like the charts as it is oversold, RSI is turning up as is momentum. Opinion? TIA Ken W

To: Amigo Mike who wrote (465)	2/6/1998 11:10:00 AM
From: Sal D	Read Replies (2) \| Respond to of 29382

Mike looks like I have much reading ahead of me. Thanks again Joe

To: Amigo Mike who wrote (465)	2/6/1998 9:36:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

Amigo Mike. PIXAR up $5 today. It did gap up and kept on going. Seems like we're going to keep a closer eye on the insiders in the future. Hmmmmmm................ Sergio

To: Amigo Mike who wrote (465)	2/7/1998 2:51:00 AM
From: Cary C	Read Replies (3) \| Respond to of 29382

APCO UPDATE..... I spoke to Todd at APCO today and asked him to tell Mr. Dorfman and everyone else congratulations on a great quarter and for the exceptional execution of their business plan. Todd told me that Morgan Keegan's new numbers for next year are .42. He also stated that they were very comfortable with these numbers. Of course that's what they said about last quarters .07 and we know what happened there. :>) The other company RAF has estimates of .40 for next year. They revised the numbers in January before earnings so it's possible that they may update their numbers As Mr. Dorfman mentioned in the quarterly release, they are very close to several things happening. It wouldn't surprise me to see one next week. I still think that we may see new analyst coverage real soon also. In regards to First Wilshire selling some of their shares, Todd was aware of the filing and had already contacted them ( I know it is his job, but it sure is nice to talk to someone who is very much aware of what's going on not only with his stock but the competition also). He didn't think that it was appropriate to go into specifics but he did mention that First Wilshire owns more than the filing stated. Some shares are in other accounts that they didn't have to report. I believe he said the total was around 400,000. My thoughts on First Wishire are, 1. They have owned a lot of shares for quite awhile. I believe some or most for over two years. That would put the stock at or under $3. I don't believe that it is unreasonable for someone to take approximately 25% of their investment off of the table after making over 100% ( I usually take at least half of mine if I even let it go that far ). In light of that fact, I think it speaks very highly of APCO management, company direction and future possibilities. They are leaving 75% of their investment with the company. 2. This is just speculation on my part but I believe that they were probably the ones selling just before and on the day of and the day after earnings news. This would allow them to sell into momentum with lots of volume and less chance of affecting the stock price much in a downward way. An example of this would be on the day of the last earnings release most of the transactions were buys, yet the stock didn't move forward. Six sell transactions totaled over 80k shares.The same thing occurred the day after as far as buys to sells. Todd was very enthusiastic again about the conference call that the company held for fund managers, analysts, brokers and institutions. The conference call lasted for over 1 hour and was very upbeat. He has received very favorable responses and requests for additional information from numerous people that listened to the call. I will try to post more about our conversation later. Cary