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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (42972)1/12/1999 2:41:00 AM
From: upanddown  Read Replies (1) | Respond to of 132070
 
Mike

See this about our FLC ? He bought into an OS company that I was in a couple of years ago (MDR) and the stock doubled within months. Lets hope for a repeat.

John

George Soros Group Reports 7.62% Stake In R&B Falcon

Dow Jones Newswires

WASHINGTON -- A group including investor George Soros reported a 7.62%
investment stake in R&B Falcon Corp. (FLC).

In a filing Monday with the Securities and Exchange Commission, the group said it
currently holds 14.74 million common shares of the Houston-based provider of
contract drilling and workover services for investment purposes.



To: Knighty Tin who wrote (42972)1/12/1999 8:14:00 AM
From: valueminded  Read Replies (1) | Respond to of 132070
 
Mike
Bankruptcy wont be a problem. As long as money is available for the having (courtesy of AG) and the money expands at double digit rates, and no competition for the dollar so foreign govnts are stuck with buying are debt, it would seem these companies can continue to issue shares, debentures, bonds etc to finance cash burning operations ? imo. Ooops but what happens if countries figure out we are expanding our money supply at such a huge rate ? Gee I wonder if they think they could get stuck with inflated dollars ?????



To: Knighty Tin who wrote (42972)1/12/1999 9:51:00 AM
From: yard_man  Read Replies (1) | Respond to of 132070
 
Now that they are trading at 105 (up more than 30 points since declaring a loss) can we officially declare them internet trash ...