| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 835.1 | | TOOK::FALLIS | | Fri Feb 24 1995 07:52 | 7 |
| RJR is also a tobacco company and that is why the stock is probably so
low. Everything I have read lately seems to indicate if RJR did not
have tabocco (spelling intentional) it would be worth alot more even
though tabocco is still very profitable. I have also been wondering
if now is the time to buy.
|
| 835.2 | | ZENDIA::FERGUSON | Now that's an important idea | Fri Feb 24 1995 09:48 | 4 |
| i wouldn't touch it. right now, a big group of well-healed lawyers are
bringing the largest class-action lawsuit against the tobacco makers
on behalf of all smokers in the US! i'd steer clear until the outcome
of this is better know, unless of course, you wanna speculate.
|
| 835.3 | | PCBUOA::KRATZ | | Fri Feb 24 1995 11:26 | 6 |
| On the other hand, smoking in the US actually increased last year;
first time in 20, and overseas demand is strong. IMHO, Florida has
a snowball's chance in, well, Florida of recovering Medicaid costs
from the tobacco companies. If people want to ignore the warning
on the side of the carton, that's their problem. I think it's
a good speculative buy.
|
| 835.4 | analysis aside, beware the join | EVMS::HALLYB | Fish have no concept of fire | Fri Feb 24 1995 11:57 | 2 |
| RJR common stock plans to reverse-split 4-1 (or is it 5-1?) in the near
futures, so if you buy 100 shares you'll end up with an odd lot soon.
|
| 835.5 | Good or bad? | NETRIX::michaud | Jeff Michaud, That Group | Fri Feb 24 1995 13:15 | 6 |
| > RJR common stock plans to reverse-split 4-1 (or is it 5-1?) in the near
> futures, so if you buy 100 shares you'll end up with an odd lot soon.
Why would they reverse split? Is it because the in effect reduces
the number of outstanding shares, hence reduces paperwork overhead
(less shares to keep track of)?
|
| 835.6 | | CSEXP2::ANDREWS | I'm the NRA | Fri Feb 24 1995 13:58 | 5 |
| From what I remember, the reason was to get a little more movement in
the price. (Which seems backwards to me, but I'm not a finance guy)
I remember it being around 4.75/share a little while ago, so the
movement to 5.75 is a nice 20% gain.
|
| 835.7 | | NETRIX::michaud | Jeff Michaud, That Group | Sat Feb 25 1995 00:15 | 13 |
| > I remember it being around 4.75/share a little while ago, so the
> movement to 5.75 is a nice 20% gain.
"little while" must be more than a year ago then?
Symbol : RN Exchange : New York Stock Exchange (NYSE)
Description : RJR NABISCO HLDGS CORP
Last Traded at: 5.625 Date/Time : Feb 24 5:01:15
$ Change : 0.000 % Change : 0.00
Volume : 2776700 # of Trades : 275
Day Low : 5.500 Day High : 5.625
52 Week Low : 5.375 52 Week High: 7.500
|
| 835.8 | | CSEXP2::ANDREWS | I'm the NRA | Sat Feb 25 1995 01:22 | 5 |
| Umm, probably a year ago LAST october now that I think about it.
(My definition of the term little while is "Any time period between 5
minutes ago and when I was born". Vague, but handy in certain
circumstances 8-) )
|
| 835.9 | RE: RJR Mgt. | MKOTS3::WOODWARD | | Mon Feb 27 1995 17:26 | 3 |
| If you want to understand the management, better see the movie
"Barbarians at the Gate", or better yet, read the book. All about those
wonderful folks who made "junk bond" a household term.
|
| 835.10 | Dividend Play | MR2MI1::BMORRISON | | Thu Mar 02 1995 09:39 | 6 |
| RJR just declared a 30 cent dividend for shareholders of record on
March 10th and payable on April 1. It's now going for about $5.25
per share which makes it a real good dividend play at the moment.
I'm considering it.
|
| 835.11 | Try 5 3/4 per share :-) | NETRIX::michaud | Jeff Michaud, That Group | Thu Mar 02 1995 12:29 | 12 |
| > It's now going for about $5.25 per share ....
Not even the 52 week low is that low .......
Symbol : RN Exchange : New York Stock Exchange (NYSE)
Description : RJR NABISCO HLDGS CORP
Last Traded at: 5.625 Date/Time : Mar 02 12:12:51
$ Change : 0.125 % Change : 2.27
Volume : 253400 # of Trades : 78
Day Low : 5.500 Day High : 5.625
52 Week Low : 5.375 52 Week High: 7.125
|
| 835.12 | | NPSS::RAUHALA | | Fri Mar 03 1995 18:39 | 5 |
| I've been following this stock since the KKR takeover (1988 or 1989??)
and it's always been in the $5 range, it goes up but then comes back
down. Those who invested since the takeover have not been happy but
if you buy&sell it's had some good 20% moves now and then.
(going from 5 to 6 for example)
|
| 835.13 | How did the big change happen? | MARVA2::BUCHMAN | UNIX refugee in a VMS world | Thu Mar 09 1995 12:18 | 8 |
| Something I have never understood about this stock is the price after
the KKR takeover. As I remember, they bought out the company at $102
per share. So how did it end up down in the $5 region? Does the stock
price represent only a portion of the original company, or have they
sold off a bunch of assets, or what?
Thanks,
Jim
|
| 835.14 | apples and oranges | EVMS::HALLYB | Fish have no concept of fire | Thu Mar 09 1995 13:50 | 7 |
| The number of shares issued when going public (again) bears no
resemblance to the number of shares circulating when the company
went private. Heck, the assets involved need not bear any resemblance
either. There is no way to compare the two instantiations of the
name RJR.
John
|
| 835.15 | Is it a BUY Now.....? | ACIS01::PATEL | | Mon Oct 09 1995 11:48 | 9 |
| Does anybody think that RJR Nabisco will get bought out, now that Icahn
and another investor has applied for SEC clearance to buy 15% of RN.
It has had a good move just since the rumor is out and now that I
follow it daily, it has been inching upwards every day, even with the
recent 'minor-correction' in the overall markets.
Ken
|