BUSINESS______Filling of Wetland Being Considered 1,000% Gainer: Super Stock Or Hype? ...Page 4
20 - MANCHESTER HERALD, Tues.. Dec. 21, 1982 BUSINESS___________ Filling of wetland being considered 1,000% gainer: super stock or hype? ...page 4 derpriced, considering this remarkable corporate feat During the recent market rally, many stocks, as we disk drives, a direct-mail fund-raiser, a non-operating know, have doubled and tripled. And some, especially on former oil and gas producer with assets of $4.5 million he’s going to accomplish. _ ■; Smith, you’ve no doubt guessed, strongly agrees, u .' the touty and speculative over-the-counter market, have and a Smith-owned company that manufactures a digital you put IBM in a corporate shell, it shouldn’t be valued risen 400, 500 and even 600 percent. But an even more storage and retrievable system using a video disk. At tbe completion of all of these acquisitions, the at $5,’’ he says. “If the market does anything logical, the_ ■ exclusive group is the 1,000 percent gainers — stocks Dan Dorfman Chance of rain Manchester, Conn. that have actually gone up 10 times in a matter of just a number of Duke’s shares will nearly double to about 20 stock will be $15 to $20 shortly.” million, roughly a third of which will be owned by Smith, A onetime insurance salesman and radio announcer. Wednesday, Dec. 22, 1982 few months. ' Syndicatetd Smith rejects the idea that he can’t build a $1 billion-^ Thursday afternoon One such spectacular gainer is a little OTC number As for the sales and earnings numbers. Smith’s best Columnist calculation now is that Duke (soon to be renamed TU business before the end of ’85.
[Show full text]