(NRES)TheSUBWAY.com Announces Investment Opinion on National Residential Properties, Inc., Baltimore Technologies plc, chinadotcom corporation, Rambus Inc. and Applied Digital Solutions
MONDAY , JULY 16, 2001 05:01 AM
WESTON, Fla., Jul 16, 2001 (BUSINESS WIRE) -- TheSUBWAY.com releases the following investment opinions on National Residential Properties, Inc. (OTCBB:NRES), Baltimore Technologies plc (Nasdaq:BALT), chinadotcom corporation (Nasdaq:CHINA), Rambus Inc. (Nasdaq:RMBS) and Applied Digital Solutions, Inc. (Nasdaq:ADSX).
National Residential Properties, Inc. (OTCBB:NRES) Previous Close: Down 5% to .0036 on vol. of 45,517,800 Shares: ACCUMULATE
National Residential Properties, Inc. (OTCBB:NRES), just announced that all debt incurred by their subordinated debenture has been liquidated.
This is huge news for NRES, and the company has also authorized a stock repurchase program for up to 10% of the company common stock. NRES has fallen from about .02 to about .003 per share during the debenture. CRG feels that this could be the time for the stock to rebound close to the .02 mark again.
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