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Strategies & Market Trends : BFT: Will the tulip craze ever break down? -- Ignore unavailable to you. Want to Upgrade?


To: Mandinga who wrote (111)3/19/1998 5:27:00 PM
From: put2rich  Respond to of 650
 
<<Well done! Nothing left to the upside for this one.

Huge downside potential.>>

Mandinga and All,
In skimming thru the 10Q they got 88M in selling stocks in '97 and w/ the operating loss they had about 60M+ cash at the year end. It seems the profit or cash this sucker gets is from selling stocks not the operation of the gyms. Yet MMs and individuals pay $28-29 for this one ??? How far this one will go in one/two weeks? It might depend on the market in general or when investors wake up to reality.
Good lucks to all.