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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Trumptown who wrote (4751)3/30/1999 1:36:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
ROSI book value is nearly 13.00. Wall Street expected ROSI to have a PE of 10 for the year. A 10 dollar stock making more than a dollar a share. So ROSI reports that it will make more like .67 or .70 in its SECOND YEAR OF OPERATION. . .and what does Wall Street do? Gives it a haircut of -50 percent.

Sorry. . .I don't buy it. The company has had positive earnings since the inception of the company. Just last quarter they added an airplane hanger, whihc is their new warehouse about an hour north of Memphis airport, where Federal Express has their HUB. What better way for the World's largest flower distributor to send fresh flowers to their many thousands of flower retailers around the U.S. ??

With the number of shares traded today, it looks like that tree was shaken long and hard. . . we are going up from here, IMO.

Rande Is

Rande Is