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


To: Sandra who wrote (5130)5/24/1998 12:02:00 AM
From: LTK007  Read Replies (1) | Respond to of 29382
 
If you see Serg,tell him I found a multi-national balsa wood and shrimp farming company with offices in New Jersey and trades on NSDQ
as BTEK--even dug up baltek.com its web-site--
by the way I am a proud owner of a Bob Marley "HIM NO DEAD" T-shirt--
the Steel Band's name I should mention is Flash in the Pan.
Also,Sandra,or anyone--I am becoming aware of a hot new fabric--my
wife has it,and I thought it was terrific--it's called Tencel(TM)--
who owns this? Buena Suerte,Max



To: Sandra who wrote (5130)5/24/1998 11:23:00 AM
From: Sergio H  Respond to of 29382
 
<Wasnt INTAF convertible
preferred too? Hmmm, I did well with it while it was going through that. Caught it at
1.87, still have some over 3.00...I took a shot on the volume, and price, it worked!>

I remember you and Cary discussing this topic a few weeks ago.
I stayed out of it then, but you got me now...LOL!!! Sandra, you know the answer that goes here. I get to post that volume, price and news=momemtum and that can't be beat for short term trading. Digging into what a stock is all about is for stocks that you intend on holding for a while. The Amigos have mostly played hold 'em stocks, and when we have a full portfolio we go for quickies.

Complete fundamental analyses isn't necessary when going for a
quick gain, but it can be very helpful. The more you know about the stock, the more information that you have available to make a decision.

Thanks for giving me the opportunity to settle the INTAF debate between you and Cary. Conclusion, you're both right, but Sandy gets to keep the profits.

Sergio



To: Sandra who wrote (5130)5/25/1998 3:23:00 PM
From: Cary C  Respond to of 29382
 
>>you're both right, but Sandy gets to keep the profits.<<

Somethings never change. LOL Nice going again Sandra!

Cary



To: Sandra who wrote (5130)5/25/1998 7:29:00 PM
From: Cary C  Read Replies (1) | Respond to of 29382
 
DGIT...... 'm not saying anything about the convertibles . Here are some interesting comments from the recent quarterly.

>>Based on management's current plans and forecasts, the Company believes that its existing sources of liquidity will satisfy the Company's projected working capital, capital lease and term loan commitments and other cash requirements through December 1998. To provide additional flexibility for growth and other general corporate purposes, however, the Company plans to raise additional capital in 1998.

CERTAIN BUSINESS CONSIDERATIONS

The Company's business is subject to the following risks in addition to those described elsewhere in this Form 10-Q.

History of Losses; Future Operating Results Uncertain. The Company was founded in 1991 and has been unprofitable since its inception. The Company expects to continue to generate net losses for a minimum of the next twelve months. As of March 31, 1998, the Company's accumulated deficit from operations was $61.9 million. The Company has had difficulty in accurately forecasting its future sales and operating results due to its limited operating history. <<<

I wonder what the company is going to do to raise capital in 1998?

Cary