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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (4460)	2/16/1999 11:46:00 AM
From: taxikid	Respond to of 4634

bill, i disagree, but not 100%... in a thinly traded issue the amount of big block buys can sometimes find a savvy investor a nice little trade. some of my best day trade gains were in smaller caps that had abnormal liquidity on little news. The chart doesn't guarantee the roi, but those little spikes can make a good detective some money... be well taxi

To: Bill Wexler who wrote (4460)	2/16/1999 6:39:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 4634

The Able telecom fraud announces a disaster: biz.yahoo.com <<Revenues for Able's fiscal year ended October 31, 1998 are $217.5 million with net income of $2.5 million. After taking into account a non-cash charge to retained earnings of $8.0 million related to the beneficial conversion privileges on preferred stock, other non-recurring adjustments associated with Able's obtaining financing for a portion of the purchase price of MFS Network Technologies, and preferred stock dividends, the loss applicable to common shareholders is $5.8 million, or $0.59 per share. On a diluted basis, the loss applicable to common shareholders is $5.3 million, or $0.51 per share. Able is currently analyzing the effects of the year-end adjustments on previously reported quarterly earnings.>>