Dan,
Mostly old news in National post story below. Yes, I was at AGM. Let me know what they are saying when you visit.
In this market I have no idea where cdv stock will go. But long term it looks great. There should be a couple USA AIR FORCE [SAT.} contracts coming by next quarter.
Ron
Post says Com Dev seen as a turnaround play
Com Dev International Ltd CDV
Shares issued 35,140,640 2000-05-23 close $6.3
Wednesday May 24 2000
The Financial Post reports in its Wednesday edition that Com Dev International Ltd. is a top stock pick of Bill Ram, an investment strategist in Montreal. Buy & Sell columnist Sonita Horvitch notes the stock, currently $6.65, has a 52-week range of $13.35 to $2.40. The company lost its direction 18 months ago. "It had a major earnings disappointment and the stock was badly battered," says Mr. Ram. He says the company now appears to be back on track. He says Com Dev has been awarded several substantial contracts, with more to come. Mr. Ram expects the company to be profitable in its fiscal year to Oct. 31, and he says the stock is reasonably priced relative to its peers. Over all, Mr. Ram says it is back to the basics, with investors doing their due diligence on the stocks they are looking to invest in rather than simply buying a stock based on enthusiasm. "The market has come full circle from tech mania, where valuations were dominated by greed and momentum players, to one where earnings do count and where value stocks are attracting attention," he says |
