Consolidated Stainless, Inc (NASDAQ PIPE) Message Board

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Microcap & Penny Stocks : Consolidated Stainless, Inc (NASDAQ PIPE)

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To: Richard Mazzarella who wrote (27)	1/10/1997 8:21:00 PM
From: Ken Reidy	of 108

I must tip my hat to you Richard and I thank you and Mark for informing me of PIPE's potential. I found the following post on AOL today: Subj: Re:PIPE Date: 97-01-10 18:20:42 EST From: CCTHDAY No new news--the stock has been awaiting Q4 results which should put it back in line with $0.60 seen in 1995. High inventories combined with the general pricing hike experienced in the steel industry will raise margins and profits back to prior levels. Stock jumped because the Adams Brothers bought 300,000 shares today, using various family members to buy them without having to file. Insiders have been buying ever since the stock slipped to 6 and below. Now it appears that all of the scared folks are out, hence the rapid jump. This stock should be back to 12-14 by March, with the PE falling back to the 15-20 level after Q4 earnings. Enjoy--I hope you got in at 4 or so, like we all did in 93...

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