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


To: Magnatizer who wrote (7387)8/1/1998 1:35:00 PM
From: JoeinIowa  Read Replies (1) | Respond to of 29382
 
David, CMP

Once again thank you for your technical analysis. I wish I had you around last time earnings came out. I would have made a nice profit and been able to buy back 3 or 4 times. I'm not sure if its foolishness, stupidity or just down right optimism about not having a major sell off this time. I believe I read somewhere that the CEO is taking his act on the road for the analysts in August. That could give them another boost.

Heres where I think they are headed. CEO Chris Street plans to run the price up to around 18-20. At that point he will do a secondary offering of a few million shares. This will greatly increase liquidity and clean up the balance sheet. We shall see. Once again thanks for your valuable insights.

Joeiniowa

PS Theres still the "Big" contract out there. I would not buy for that reason even though it will "double" the size of the company. Ha ha.