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Strategies & Market Trends : Resource America (REXI) -- Ignore unavailable to you. Want to Upgrade?

To: Don MacNeil who wrote (1)	3/25/1998 6:03:00 PM
From: Andy Yamaguchi	Read Replies (1) \| Respond to of 220

Don, REXI is a great company to own. For every $ they invested, they got 33% return. It has been quite consistent. Rev. and Earning soar sequentially. I brought some last march and doubled my investment already. Last week, I brought more at 54, so far the stock is on strong up trend. This stock usually moves up at least 50% from the base before stops. That means that the REXI's up trend shall not be stopped until 70-80. Interestingly, every time when this company offers equity to public(bonds and stocks), the stock will go up. This time is the same. TO report earning in May. This qt. EPS is likely to hit $1.0. Also, the shareholders have approved to increase the shares to 40 Millions. Company said that they plan to do a stock split soon(April or May). Some share holders are suggesting the company to do a 5 for 1 split. That would be great. Good luck. Andy