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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (19774)7/23/1998 9:42:00 AM
From: Upstock   of 79313
 
Re:CADE

I called Sheryl in Investors Relations after the close yesterday and she informed me of
the following:

1. No directors or officers sold shares during the month of June and
she is pretty sure no one sold in July because it is a "quiet
period".
2. She was not aware of any large seller of CADE.
3. No one in the company knows why the stock is acting the way it is.
4. The CEO is meeting with analysts trying to get coverage.
5. She would like to see a "write-up" of the company in a letter like the RED CHIP
Review.
6. They have sizeable verbally committed contracts but will not have
press releases until they have them in writing.
7. They are operating with positive cash flow.
8. Their cash position was low as of June 30 because they have paid
down their line of credit.

If I can recall anymore of the conversation I will post later.

AL

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