Churchill (CUQ), PE of 3! Message Board

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Gold/Mining/Energy : Churchill (CUQ), PE of 3!

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To: Far Side who wrote (253)	6/5/2000 11:18:00 AM
From: speculatingvalue	of 264

Given how quiet this thread is, it seems we're the only two retailers. I agree this is a company you can buy and not worry about - even if the market crashes. The downside risk is minimal. Your theory about the company buying may explain a lot. They DON'T WANT the stock to go up until they are ready. They want to buy and cancel as many shares as possible first. My guess is they will let it run the first time they announce a major acquisition or merger. Given that they are talking about potentially printing a lot of shares, the merged entity could be quite large. They've explicitly stated in the annual report an intention to get the stock up over this fiscal year.

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