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Microcap & Penny Stocks : What a NUT! -- Ignore unavailable to you. Want to Upgrade?

To: RepnikK who wrote (9)6/24/1998 1:11:00 PM
From: Rande Is  Respond to of 12
 
CB= C. Brewer. According to each bottle of nuts, Mauna Loa is already a "division of C. Brewer." The fact that C. Brewer Homes is merging into Mauna Loa is not an unexpected event. Considering down side and up side potentials, I think the sky is the limit, whereas a company this solid, in the 3 dollar range looks like a bottom to me.

Heck, I know companies that sell for far more than 3 bucks that are a long way from ever seeing earnings...and are based on a dream.

Rande Is



To: RepnikK who wrote (9)6/27/1998 7:56:00 AM
From: MoneyPenny  Read Replies (1) | Respond to of 12
 
This merger did not go through. News 6/26/98

I decided not to bite on NUT but still watching it.
Mauna Loa Resources, the managing general partner for Mauna Loa Macadamia Partners (NUT:NYSE), said the partnership is canceling its plans tomerge with C. Brewer Homes (CBHI:Nasdaq). Mauna Loa said the proposal failed to secure a majority of the 7.5 million outstanding units required by the agreement.


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