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Strategies & Market Trends : SPARKY'S CORNER -- Ignore unavailable to you. Want to Upgrade?


To: Bruce A. Brotnov who wrote (3517)8/24/1998 1:31:00 PM
From: Walk Softly  Respond to of 4142
 
Bruce... MTMS finally coming back.... an old favorite of Henry's.... number keep getting better as with WSTF yet shorts enmasse and MM were able to tank both......

ES



To: Bruce A. Brotnov who wrote (3517)8/24/1998 2:40:00 PM
From: Walk Softly  Respond to of 4142
 
Bruce.... REXI: anytime a small capper shows any signs of a double top, in this market, it chances a haircut.... REXI beautiful double top... looks like a pro-short disembowelment set off by some well placed rumors..... like maybe lower interest rates will cause refinancing lowering their eps.... if they hold their own paper this is possible.........

biz.yahoo.com

ES



To: Bruce A. Brotnov who wrote (3517)8/24/1998 7:58:00 PM
From: David Rubin  Read Replies (2) | Respond to of 4142
 
REXI had a conference call today to talk about rumors that have been circulating.

Apparently some consulting firm in Boston issued a very negative report, citing among other things, accounting irregularities and bad Asian loans.

Management vehemently denied the facts in the report, and stated that there has been no change to their business and they are comfortable with analysts expectations.

One disheartening thing about the conference call is that there were no analysts asking questions -- most of the questions were from individual investors who did not sound very savvy.

Anyway, if what Management says is true, REXI could be due for a rebound. But technically if it doesn't get back to 22, there is no support until the teens...