To: Jerry S. who wrote (2529 ) 2/15/1999 7:22:00 PM From: Bill Fortune III Respond to
Jerry your phrase “beaten down to a valuation which should be considered too low “ may be an understatement at best. They talk about that Morgan Stanley Report downgrading the stock from a buy to outperform, for what reasons and what is wrong with outperform? Morgan Stanley said it is undervalued and inexpensive at $17 then a must be a give away at 13 ½.. To me it would appear that they are talking out of both sides of their mouth at once. biz.yahoo.com . Preferred Capital is no pansy: they in fact “provide proprietary research and trade execution services on an agency and principle basis for the securities and options markets. Clients include institutional investors, money managers, floor traders, and high net worth individuals. For the fourth consecutive year, Preferred Capital Markets was named to Inc. Magazine's list of the fastest growing private companies in America. Founded in 1982, Preferred Capital Markets is headquartered in San Francisco with offices in New York, Boston, Chicago, Philadelphia, and Miami.” Which of the two here are correct, needless to say I choose Preferred.biz.yahoo.com Which still shows NMGC near a high buy.
