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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: RockRidger who wrote (44031)5/21/1999 1:33:00 PM
From: gpphantom  Read Replies (1) | Respond to of 90042
 
James,

Jaco is in a sector that fundamentally, and consequently rumored, may see significant consolidation. At $4 and change, it's selling for less than half tangible book value. This latest Q may have been a turn-around Q that returned the co to profitably on increasing revenues over the prior Q.



To: RockRidger who wrote (44031)5/21/1999 1:33:00 PM
From: Jim  Read Replies (1) | Respond to of 90042
 
JACO: Maybe it is just because Tim Luke made a recommendation - like when a brokerage house issues an upgrade - but who cares!