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

To: lostmymoney who wrote (859)	2/20/1998 2:23:00 AM
From: Cary C	Read Replies (2) \| Respond to of 29382

Mike nice move on WAST the other day. I wouldn't look for it to go much higher in the near future because of the 100,000,000 million restricted shares that they offered to the former creditors to purchase at a price of $1.50. This sounds really really scary to me. SYNL.... going through a restructuring of company. CEO disappointed with 97 results. Last quarters numbers after taking out one sale and charge was actually -.12 vs +.01 from previous quarter instead of .36 like they reported. Company also had lower margins do to decreased system sales MDIX..... I hate looking at companies that info is not readily available I passed KRHC..... This one had me interested at first increased revenues lower costs reduction of sell G/A expenses etc. Then I started looking at the quarterly's and year end filings. The company s giving away shares and options to buy shares like candy. Looks like they are paying for almost all services and financing company operations with stock. Serious dilution with no end in site. Very scary. Cary