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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who started this subject7/30/2000 5:16:48 PM
From: Puck   of 18998
 
I most highly recommend that He take a deep look at CTI as a turnaround story. This company was near death last year as one of primary businesses was completely shut down because of general world economic turmoil and consolidation within the industry which it supplies, causing all capital expansion projects to be put on hold. Well the mergers have been digested, economically things are looking much brighter for CTI's customers so capital expansion projects are moving forward, and this company though it has doubled in price from its recent low of 3 is still on the cheap. I dare speculate that within a year if not much sooner, CTI's share price will receive double digit status.

Earnings out tommorrow.

Your Humble,
Puck
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