To all mountain bikers out there - Cannondale Corp. (BIKE) Message Board

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Non-Tech : To all mountain bikers out there - Cannondale Corp. (BIKE)

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To: Joaquim Souza who wrote (10)	1/28/1997 12:14:00 PM
From: Boris Maleshev	of 38

VIEWS AND NEWS,CANNONDALE CORP. MarketScope, Tuesday, January 28, 1997 at 10:32 1/28/97 10:24 am... CANNONDALE CORP. (BIKE 26-3/4) UP 3-1/2, POSTS $0.35 VS. $0.25 2Q EPS ON 18% SALES RISE... JANNEY MONTGOMERY SAYS 2Q EPS EXCEEDED EXPECTATIONS... Analyst Terence McEvoy tells MarketScope BIKE bettered his $0.32 EPS estimate, which driven by faster than expected growth overseas, expansion of non-bike business, which higher margin product... Says co. continues to be leader in technology, distribution, co. extending bike business into components... Believes co.'s expansion into wheelchairs drawing on expertise in aluminum framing, suspension, components for light weight chairs... Rates buy, sees $1.40 FY 97 (Jun) EPS, $1.70-$1.75 FY 98... Has high $20-$30 target./K.Wolfe

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