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


To: Amigo Mike who wrote (6597)7/2/1998 12:57:00 PM
From: Sandra  Respond to of 29382
 
Mike,
Been adding to my iflyw whenever it dips....When IFLY gets on the net, its going to be big...<imo>

I did the same with my trading position w/ ifly/iflyw...building the core up at this point.

Happy 4th to all!!
Sandra



To: Amigo Mike who wrote (6597)7/2/1998 6:23:00 PM
From: Instock  Read Replies (1) | Respond to of 29382
 
Amigo Mike, I have been watching IFLY and IFLYW with great interest lately. Took a small position in the warrents a few days ago. Going to add to that position when I see some upside movements, which might have started today.

I to was in IFLY and IFLYW a few months back, and did VERY well.
Looks to me like most of the TMEX group is out now and it might be just about time for a New Push up in price. IMO.

IFLY is not yet an Internet stock, but is going to be one soon.

Nice close today on IFLY. Wondering if the shorts are starting to cover ( buy )?

Check out the IFLY thread, someone posted a couple URL's from Florida Newspapers that mentioned IFLY recently. Be nice to have some of that retirement money going into IFLY!!

Like you, I like the warrants, IFLYW the best but it is nice that you can buy the Common on Margin. In the past, the warrants seem to have had the greater gains though.

Have a great 4th!

Scott



To: Amigo Mike who wrote (6597)7/2/1998 8:42:00 PM
From: Cary C  Read Replies (1) | Respond to of 29382
 
Well amigo the week of the Sergio withdrawals is almost upon us. I presume he will make a cameo appearance tonight. In the mean time,
regarding the SAH and GM exposure,

I spoke to Todd today about SAH. I was curious as to what %
of there business was GM related and how it might effect their numbers.

Needless to say I was most pleased. According to Todd, Sonic's business is approximately divided by the following

Ford 35%
Chrysler 14.5%
Luxury cars such as BMW, Volvo, Infinity, etc 28.2%
imports such as KIA, Toyota, VW, etc 22.7%
GM 1%

The above totals 101.4% so I must have written down a wrong number somewhere. I probably was really happy to hear that GM only comprised of 1% of their sells.

Todd said they have a lot of things in the works and still are aggressively pursuing acquisitions. Company is very comfortable with estimates. With very strong new and used car sales last month I look for them to report to the upside.

Cary