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

To: LANCE B who wrote (759)	12/2/1998 7:49:00 PM
From: Wayne Rumball	Read Replies (1) \| Respond to of 11130

AMCX - here's all the recent news; newswire.ca SOS appears to be 3,500,000 Did you watch the CNBC interview in July? any info on that? saw 1q sales around 1 million, with loss of about 70K, but they say they lost money due to goin public. otherwise would have been 158k i think or 4.5 cent/share. could be good, but i think i'll watch trading for a while to see how many shares sellers have and how many buyers are buying.

To: LANCE B who wrote (759)	12/2/1998 8:02:00 PM
From: Wayne Rumball	Read Replies (1) \| Respond to of 11130

from a strictly financial standpoint, which i make no claim of knowing what i'm talking about, i don't think i like nri, however had i bought it when you mentioned it i would already be in the black. what i don't like here is the increase in the SOS, didn't investigate it but assume that they issued shares to aquire a company(ies). book value is $4+ but there is no real way to determine if it is a good number because most of that is in aquired assets. they are not going bankrupt, they got a buy rec, could be worth a few 10-20-30% increase over a few months if they come out with more positive news.