Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (582)	1/25/1999 2:17:00 PM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 52051

RDIM (OTC BB .92) - I believe RDIM is very close to announcing the acquisition of Personal Consumer Services, Inc., (PCS), which operates two (2) profitable discount consumer membership clubs. I just found out that a letter of intent was signed this weekend. Revenues exceed $4 million with EBIT of 12% or $480,000. Existing assets in the form of accounts receivable approximate $3 million. The effect of this combination will enable the Company to launch its consolidation plan within the existing 150 operators of similar clubs nationally. The company may create a franchise/distributor program to fuel its expansion as an alternative to public financing. More on the RDIM meeting in Las Vegas can be found on the InvestRight thread: Subject 22744 Regards, Jeff