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Strategies & Market Trends : Undervalued Stocks = Low P/E to Growth Ratios

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To: H.J. Schellenberg who wrote (21)	8/26/1997 2:01:00 PM
From: kevin kirkendall	of 297

In regard to Hurc, I took a quick look and have a few questions. It looked like a large chunk came from licensing fees. If this income came from settlements, is the 20% growth rate using the above to pad the numbers? Gross profit for 9 mos dropped from 20.6 mil to 20.5 mil. On CDWN, looking at volume it appears it may be starting a slow decline. Do you have any behind the scenes info on these? I'm not trying to shoot holes in your picks, Just trying to learn more about the companies and look at both sides of the stock. Thanks in advance, Kevin

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