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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Willy T. who wrote (40)9/23/1998 8:07:00 AM
From: Wayne Rumball  Respond to of 11130
 
Better be careful with that one. they need some good news.

Negative book value, they need cash, either have to get some good sales and profit, or print more shares. Their history suggests they are not big on printing shares, so far.

They did, sometime between Mar 31, 1997 and June 30, 1997 increase the authorized from 6,666,667 to 20,000,000

No big deal at current prices, but they need more activity in their stock