Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Magnatizer who wrote (5632)	6/4/1998 9:16:00 PM
From: Sergio H	Respond to of 29382

DJ, The whole automobile sector looks good to me. The U.S. has a healthy economy, interest rates are low and employment is high. People are buying cars as evidenced by Ford's and GM's earning releases yesterday. I noticed that Doug and the 56ers are eyeing TFCE, another automobile stock. Did you notice ACF today? Same business as TFCE. Anyway you look at it SAH and APCO are good solid stocks and should benefit from current economic conditions. I'm looking with interest at PUMA tonight. Wonder if Amigo Mike has heard the takeover rumors. HMMMMMMMM........... Sergio

To: Magnatizer who wrote (5632)	6/5/1998 9:10:00 AM
From: Phil Jacobson	Read Replies (1) \| Respond to of 29382

Thanks David and Sergio for thoughts on SAH. The info on the 22K block sale is interesting. The dip it caused combined with Todd's comfort on the earnings picture probably means we have an easy $2 upside in the short term. Was looking for that assurance before jumping in for more. That's what makes this thread great! BTW, SOF got some play on TheStreet.com this morning. I got out of the stock at 15 and probably won't go back in because I don't like the cable modem guys but if anyone's interested.... From outta nowhere: SoftNet System (SOF:AMEX), a little-known Silicon Valley telecommunications and document-management systems company, has suddenly (and quietly) doubled in recent months to Thursday's close of 13 1/8. The company is transforming itself into a provider of Internet service for small cable operators, much the way @Home (ATHM:Nasdaq) is the Internet service provider to large cable operators. Big buyers, according to Securities and Exchange Commission filings, include Dallas-based White Rock Capital, once known almost exclusively as short-sellers. In recent years White Rock, run by brothers Joe and Tom Barton, has shown up as buyers of Y2K pioneer Data Dimensions (DDIM:Nasdaq) (before its run-up and subsequent drop) and Hain Foods (HAIN:Nasdaq). White Rock won't discuss the SoftNet for the record, but others who are high on the company say investors are betting on new management, including CEO Lawrence Brilliant, co-founder of The Well, a network service company. His recently hired board includes Howard Bennet, the former CEO of Prodigy, @Home cofounder Sean Doherty and Robert Harris, who heads Bear Stearns' West Coast investment banking operation. @Home's founding CFO Atam Lalchandani, meanwhile, has signed on as a consultant. SoftNet fans are betting on management and directors, who have moved swiftly to restructure the company. Still to be resolved: Can they execute, and will they be successful in their current efforts to raise $150 million in a private placement? Phil