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Microcap & Penny Stocks : CCA Industries;CCAM(2.375)

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To: richroni who wrote (1)10/8/1996 5:16:00 PM
From: arizona_ice_tea   of 12
 
Earnings release next week.

Hi Richard

I am in a similar situation like you. I am follwing the co. now
for two years. The stock did a nice move to close to $5.00. But
I still don't understand the decline in the last 2 to 3 months. I
hope the earnings for the 3rd quarter will be a positive surprise.
Richard West an analyst with Gaines Berland expects for FY96 EPS of
$0.25. Current PE 11x! What is wrong?

Michael
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