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.
Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: the Chief who wrote (1354)12/17/1998 11:40:00 AM
From: keith massey  Respond to of 62348
 
Story for the medium term watch list

Symbol R

They announced a while back that they are buying back 10 million of their shares for $2.05. They have 25 million shares out. As of today they are selling at $1.55. After the buy-back they still have around $20 million in the bank.

Today they announced they are being sued for 22-40 million U.S for the claims they just sold to EN/FN.

Could get really interesting. The stock market is never boring.

Best Regards
KEITH

Edit: I don't own any yet.