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


To: Sergio H who wrote (2721)4/5/1998 11:47:00 PM
From: Amigo Mike  Read Replies (1) | Respond to of 29382
 
Hi Amigo,

Was looking at CON earnings for the third quarter. Kinda flat but higher earnings. THere was a huge increase in the backlog to $362 million !!!!! Seems DHI may be taking over just at the right time. Synergies and elimination of duplicity will really crank the combined company earnings.

Noticed also huge open interest in the May 20 calls. Over 5500. The stock has just finished a consolidation and looks poised to RIP it way to $30 near term.

THose DHI options are lookin REAL GOOD. Glad I doubled my personal stake a week ago !

Amigo Mike