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Microcap & Penny Stocks : TREY: undiscovered stock -- Ignore unavailable to you. Want to Upgrade?


To: Magic RN who wrote (193)9/9/1998 1:53:00 PM
From: Wayne J.  Read Replies (1) | Respond to of 270
 
Carole,

In my opinion over the past several months TREY Management has
been issuing regular press releases keeping the public informed of the developments ( or at least projected plans for the company!)...

In a recent Press Release from TREY I noticed that it indicated that TREY was committed to enhancing Shareholder value--if what they have indicated in recent press releases does in fact materialize then I would guess that the company is on the right track.

Trying to guess why the share trading price is where it is could of course have many variables ---I'm not going to predict what share price I think it should be trading at--but in my view it will be interesting to see what transpires from the statement made by TREY in their August 21st. Press Release where I understood them to indicate that they are selling the Common Shares of Mega Blow Moulding in the range of $5.1 Million U.S. with a stated projected closing date of September 30, 1998.

If this sale does transpire as stated by TREY Management--and if the Company is in fact debt free--then I'm speculating that with $5.1 Million ( in hand?) that TREY could potentially find it's self in an interesting business situatuion!!! How? What I'm speculating on is that TREY could take advantage of many distressed business situations
( given the recent market conditions-JMO!) and put the $5.1 Million U.S. to Profitable Use--namely a committment to enhancing shareholder value. JMO!

Best Regards,

Wayne J.