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jerryrth

10/18/04 8:49 AM

#1365 RE: IL Padrino #1364

My post 1358 results with my fonecon w/Jim Stock. I learned disappointingly about mm's dropping bids due to no news, trying to "fish" for buyers / customers. My opinion is that it takes some dramatic CTKH news, either for sure, or rumors, or noises from folks who work there, or who negotiate with the CEO. If I was an MM, I'd try most anything to get a good spread going and get some sales. If I would be the CEO, I think you are right about initiating a buy back program at this level. I'm sorry to read about Ur failure 2 pick up on KMart shares. Financially CTK is better off than a bankrupt KM. Rite now its 20 of 6 am Mon 18th in Inglewood Califunny and the mkt doesn't open for another 50 min.
Regarding Ur getting a call from PR man Mr. Stock, consider my post 1358 the result of my having foned him. He replied he's worked with the CEO 6 to 7 yrs and the man is focussed on certain ideas. I'm willing 2 have patience. The thing 2 watch is the volume. Fri's 49+ mil shs is much bettr than the prvious 2 wks average. Maybe the price is so rite that folks can't resist buying. What do U say, guys? Let's hear from U some worthy opinions. Jerry R in Inglewood CA (PS it finally finally rained in Inglewood. Hasn't done that for almost a year. My $70+ monthly water bill is totally ridiculous). C ya. Jer.