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.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: Jules who wrote (35901)12/29/1998 3:29:00 PM
From: clutterer  Respond to of 119973
 
BIKR kicking in



To: Jules who wrote (35901)12/29/1998 3:29:00 PM
From: Teri Garner  Read Replies (1) | Respond to of 119973
 
JBOH rocking! Should be in double digits tomorrow...

SQUAWK BOX INTERVIEW W/NDB WILL BE BIG FOR JBOH!



To: Jules who wrote (35901)12/29/1998 3:30:00 PM
From: Probart  Respond to of 119973
 
oil up .25 - it there any other reason for GLBL to be acting the way it is?



To: Jules who wrote (35901)12/29/1998 3:30:00 PM
From: EyeDrMike  Respond to of 119973
 
MGN up 15% today on news. If interested, i started thread on this one few weeks ago here on SI. Lists company fundamentals.

Morgan Products (NYSE:MGN) to buy Adam Wholesalers

Reuters, Tuesday, December 29, 1998 at 15:08

WILLIAMSBURG, Va., Dec 29 (Reuters) - Specialty building
products distributor Morgan Products Ltd. said Tuesday it
agreed to acquire Adam Wholesalers Inc., a privately held
distributor of windows, doors and other millwork products.
Morgan did not disclose the terms of the acquisition, and
company officials were not immediately available to comment.
The acquisition will be primarily for cash financed through
bank debt, the company said, though the deal remains subject to
a financing condition.
Cincinnati-based Adam Wholesalers has annual sales of $345
million, Morgan said, adding that the acquisition would double
its revenue and make it one of the largest wholesale
distributors of millwork building products in the United
States, with annual sales in excess of $700 million.
Morgan expects the acquisition to "ultimately" improve
profits and increase return on assets by eliminating excess
capacity and redundant costs.
The companies expect to complete the deal by Jan. 31, 1999.
Morgan's shares rose 1/2, to 3-1/16, in trade on the New
York Stock Exchange



To: Jules who wrote (35901)12/29/1998 3:34:00 PM
From: KZAP  Respond to of 119973
 
FLYR?
You're kidding right? <ggg>

Hang on, give it time. My goodness, want 200% the
first day? You get in. You wait for news. Get the
big percent gain. Then you get your trading shares out.

A few days on the good Inets.

KZAP



To: Jules who wrote (35901)12/29/1998 3:37:00 PM
From: mike.com  Read Replies (1) | Respond to of 119973
 
Hang on to FLYR. It'll get there.