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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: Jane4IceCream who wrote (8032)1/16/1999 10:38:00 PM
From: Junkyardawg  Respond to of 90042
 
DD:

Ticker: "ACP"

52wk low $7 1/8
52wk high $11 9/16

Business Summary
American Real Estate Partners acquires and manages real estate, primarily office,
retail, industrial, residential and hotel properties. ACP owns 205 separate real estate
assets in 35 states. For the nine months ended 9/98, revenues rose 43% to $69.7
million. Earnings applicable to limited partners fell 18% to $54.3 million. Revenues
reflect higher interest and dividend income. Net income suffered from the absence
of a $29.2 million gain on the sale of RJR stock.

Mkt Cap: $447.6 mm
Shrs Out: 46.2 mm
Float: 14.8 mm
3-Mth Ave Vol: 22 k
10-Day Ave Vol: 9 k
Short Int: 0.0 mm
Inst Own: 88.5 %
Insider Own: 68.0 %

Insider
35 million shares were bought on 10/10/97

News:
biz.yahoo.com

dawg