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Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

566.0. "Wang Labs" by NAPIER::RAJ () Wed Sep 08 1993 17:30

    So whats going on with Wang Labs. I noticed that it right now at 
    0.69 up by 10%
    
    Does anyone have any hope for this comeback?
    
    
    Raj
    
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566.1WangB should be at 0KOALA::BOUCHARDThe enemy is wiseWed Sep 08 1993 17:549
    
    I follow Wang pretty closely.  I think the odds are WangB (or WangC,
    for that matter...) will become wallpaper.  The Chapter 11 proposal
    has Wang cancelling both of these series, and replacing them with
    long-term very out of the money warrants.  I'd stay away from Wang...
    
    (Unless they get close to 1 again, which might make them worthwhile to
    short [again...])