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Ryland Group Inc. Message Board

  • buy1997 buy1997 Jan 26, 2000 5:38 PM Flag

    just for the record

    I entered a limit bid after posting my prior
    message, and low and behold, it did execute. Obviously
    there is major negative news known only to some, the
    company should make an announcement or they may be in
    violation of the SEC Act of 1934. If there is actually no
    news, with a fall like they have had in the last few
    days, they should make an announcement that they are on
    track and do not know why the stock is going down.
    Personally, I cannot imagine what news would be so bad as to
    justify this current valuation, hence the additional
    purchase late this afternoon. Of course, I have been wrong
    with this stock before. The stock closed at 16 3/16, a
    PE based on the trailing twelve months earnings of