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Non-Tech : American Coin Mrch (AMCN)-High Growth Vehicle -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Jimmy who wrote (54)11/9/1998 8:02:00 PM
From: stockster  Respond to of 68
 
I think it all depends on what the actual EPS is. If the actual EPS is 0.18 - 0.20, close to the estimated 0.23, I think the share price will rise to between $11 - $13. If the EPS is between 0.05 to 0.10, I wouldn't expect much. I figure for that EPS, it will be in the lower $8 range. Between 0.11 - 0.17, my guess is the high $9 to low $10 range.

I think today's trading was positive for us since it was a down day for the DOW, and yet the share price remained pretty much the same. I felt better after seeing that. Let's see what tomorrow's trading brings. I am still a bit nervous. If tomorrow's trading is like today's or better, you might get your wish by Friday. Let's keep our fingers (and toes for that matter) crossed.

Stockster



To: Mr. Jimmy who wrote (54)11/11/1998 5:21:00 PM
From: stockster  Read Replies (1) | Respond to of 68
 
Mr Jimmy - It is looking bleak for that $13 by Friday. Today, someone apparently dumped 72,000 shares at 8 11/16 (per the Yahoo thread). Even though the share price closed on a positive note, it seems the price is being held down. I had wondered if someone was dumping shares the last few days since the share price cannot seem to break $9. Now we wait to see what the next few days bring. It would be nice to see a PR indicating that AMCI had started reducing some of their operating expenses by eliminating some of those duplicate positions caused by all the acquisitions.

Stockster