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


To: lostmymoney who wrote (694)2/16/1998 1:39:00 PM
From: Sergio H  Read Replies (2) | Respond to of 29382
 
Mike, I like OLGC. When I posted to you about it yesterday or the day before, you were not very positive about it. Let me update myself with OLGC and RACN. I was also hoping for comments from the other Amigos on OLGC if you recall. What about NRL? You like it?

Sergio



To: lostmymoney who wrote (694)2/16/1998 3:45:00 PM
From: Sergio H  Respond to of 29382
 
Mike, OK you forced me into making a decision on OLGC. I like the stock and what the company is doing. Short term...not yet. Let's wait for an entry point into 0LGC.

My opinion on RACN hasn't changed since we last discussed it. The news release today makes the stock even more attractive. The stock has almost doubled since early Dec. but it is selling at an attractive PE and lower than its June IPO price of 14. Only negative may be the merger with Wheel Sports Group. There is no insider selling or buying for the last six months. Friday's vol. was much higher than the avg. daily vol. Perhaps it was due to the big racing weekend.

Sergio