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From: hollombe@ttidcc.UUCP (The Polymath)
Newsgroups: net.invest
Subject: Re: Why are these issues so low?
Message-ID: <426@ttidcc.UUCP>
Date: Fri, 17-May-85 14:06:12 EDT
Article-I.D.: ttidcc.426
Posted: Fri May 17 14:06:12 1985
Date-Received: Sun, 19-May-85 04:41:32 EDT
References: <917@hou2h.UUCP>
Reply-To: hollombe@ttidcc.UUCP (The Polymath)
Organization: The Cat Factory
Lines: 22
Summary: 

In article <917@hou2h.UUCP> geopi@hou2h.UUCP (G.COTSONAS) writes:
>Can anybody shed some light on the recent prices drops
>experienced by Tandon (TCOR) and Denelcor (DENL) common?
>Both are traded OTC.

I dropped a bundle in the TCOR debacle and a friend who works for them lost
about  three times what I did (taught him not to play with margin, anyway).
His explanation was that they were grossly over-capitalized.  Also,  a  lot
of  people  apparently  got  scared  when they layed off 1000 employees and
closed most of their plants in  L.A..  TCOR  did  this  because  they  were
shifting  their manufacturing operations to Singapore, but try to tell that
to the amateur investors.

"Who cares about supply and demand?  Fear and greed drive the market."
-- 
-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-
The Polymath (aka: Jerry Hollombe)
Citicorp TTI
3100 Ocean Park Blvd.
Santa Monica, CA  90405
(213) 450-9111, ext. 2483
{philabs,randvax,trwrb,vortex}!ttidca!ttidcc!hollombe