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Gold/Mining/Energy : Clearly Canadian Beverage Corp (CLCDF)
CLV 1.4300.0%Feb 8 4:00 PM EST
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To: Shannon Mitchell who wrote (100)8/30/1997 2:00:00 PM
From: Magpie   of 206
 
There was an interesting article in The Financial Post on page 17 of the
August 29th issue about Clearly Canadian and why it is stuck in the
$1.70 - $2.00 CDN price range. Also gives good detail about the Sun-Rype
take over attempt and why it failed. An analyst with Groome Capital Advisory Inc.
sees Clearly's modest earnings as temporary and predicts $4.75 by the end
of next year.
The article also mentions that at one time in 1992 the stock traded at $31.00 and
sales topped $187 million. Can anyone confirm this? I had no idea it had traded
so high.

Regards to all

Jim
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