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To: HandsOn who wrote (855)9/9/1998 3:05:00 PM
From: musicguy  Respond to of 12872
 
Actually Hands, I changed my mind very soon thereafter and did not / will not jump into REXI at this point.

It is however now on my watchlist, and 8 will get me thinking hard... (painful)

MG



To: HandsOn who wrote (855)9/10/1998 8:00:00 AM
From: Wayne Rumball  Read Replies (1) | Respond to of 12872
 
REXI, changed my mind about 9 3/4 when I saw some heavy selling.

No clear signal on this one right now, up or down. Maybe between 8 - 8 1/2 could be good, maybe see a bounce to 9 1/2 during the day, and back down.

PAMM looks like it may have stabilized around 4.75. Makes no sense with BV of $11+ and earnings of $3+. Maybe this industry is highly volatile and they can lose $5 just as easy. Who knows. Here's the earnings in thousands

6mos June 30 1997 1996 1995 1994 1993 1992
7,929 17,809 4,162 (1,698) (9,514) (5,869) 148

Looks like they would have to encounter a real disaster to end up in the red for 1998.

SOS went from 2 million to 5 million between Mar 97 and Mar 98, not a real concern if they are using the money properly (which it seems they are)