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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Stash who wrote (2705)12/7/1998 10:48:00 PM
From: Billsig  Respond to of 90042
 
Sleeper pick this week is CYRK......The stock is at the bottom and they will receive at least 10-15 million in cash from the Hot IPO (EXAP) they currently own more then 1,100,000 shares and 2,900,000 preferred A stock......the current book value is worth at least $ 4.50 a share, just accounting for assests - liabilities. After the offering, they will have over 75 million in cash/cash equivalents equal to a lttle less than 5.00 a share.....Currently CYRK is trading under 7.50.......The stock should be good for at least a solid move to $10 within a week. Good luck to all!