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Strategies & Market Trends : HomeLife: A Global Franchise Real Estate Company (HMLF) -- Ignore unavailable to you. Want to Upgrade?


To: EubieV who wrote (288)11/11/1998 1:49:00 PM
From: Chris O'Keefe  Respond to of 383
 
Eubie,
You may think I'm being a smart-alec for saying something positive on a day when the stock appears to be having a bad price day. But remember that one of my "complaints" has been that the stock is not liquid enough. Well, I see that over 46,000 shares have traded today. That's pretty good, relatively speaking! At least it's a very good sign.

If volume keeps up, I think that's a sign that interest is perking up. If interest is perking up--and people see positive/good news about HomeLife (which is the only kind of news they would find, right?)--then price will pick up.

I still don't understand this stock (like how it went from $1 to .50 back up to $1 and most recently back down to .50--all for no apparent reason) but, like I say, if the volume keeps up, I see good things for this stock.

Regards,
Chris



To: EubieV who wrote (288)11/11/1998 10:54:00 PM
From: Baldur Fjvlnisson  Read Replies (1) | Respond to of 383
 
EubieV, they certainly seem to want to put the cards on table.
Since you obviously follow the company very closely do you know details about the purchase announced here :
-----------------
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Sept. 15, 1998--HomeLife Inc. (OTC BB:HMLF - news), a
California-based full service real estate and mortgage financing services provider, Tuesday announced that it had purchased the
investment banking firm of Aspen, Benson & May LLC for stock.
-----------------
Is this new stock and if so how much? Is the stock or part of it freely trading now?
It's very important to be able to determine the market capitalization of a company at all times with certainty, IMHO.

Best regards,

Baldur F.