SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: IGIT who wrote (3580)11/4/1998 1:17:00 PM
From: Bill Wexler  Respond to of 4634
 
Personally, I like these sort of turnaround situations. The company has been taken through the wringer, spanked and scolded. Management is now walking on eggshells and is focused on burying the past as quickly as possible. I'm not a buyer because I don't understand the company well enough, but if you have done your homework - I would opine (as an outside observer) that the price seems reasonable and the market psychology is there for a turnaround.



To: IGIT who wrote (3580)11/4/1998 1:55:00 PM
From: McNabb Brothers  Respond to of 4634
 
IGIT,

Buy the CD preferred "I" which pays $3.75 dividend and trades for $28! It will yield 13.4% and will move almost as much as CD will!

Hank