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From: adm@cbneb.UUCP
Newsgroups: net.invest
Subject: Re: Why are these issues so low?
Message-ID: <3160@cbneb.UUCP>
Date: Thu, 16-May-85 14:23:53 EDT
Article-I.D.: cbneb.3160
Posted: Thu May 16 14:23:53 1985
Date-Received: Sun, 19-May-85 05:31:34 EDT
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Nf-From: cbneb!gdt    May 16 13:42:00 1985

Denelcor's head man stepped down and this was not taken too kindly by
Wall Street.  In addition, the Company was running out of $; however, they 
have just recently got some new financing.  Plus, the Company is doing nothing 
right now (with respect to what Wall Street likes to see) but losing huge 
amounts of money on scant amounts of sales.  Is Denelcor a BUY?  I don't
know.  Hey, you people at Denelcor -- what do you think?

As for Tandon, they recently reported a huge loss on a large decline
in sales.  I, personally, think Tandon is a great speculative buy while
it is under 5.  (Its book value.)  The stock at one time sold for 35
and while I would not anticipate a return to this price in the near 
future, I do believe that the issue could double given a 1 to 2 year outlook.

Thurman