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Non-Tech : Bill Wexler's Dog Pound
REFR 1.847-0.2%3:50 PM EST

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To: Bill Wexler who wrote (8221)8/9/2001 3:13:20 PM
From: Bill Wexler   of 10293
 
Here's one out of left field...

I've done very well in the past with turnarounds, but I have usually avoided companies that slipped into Chap.11

I am going to go out on a limb here and say that CDO should probably be bought here. The company is truly getting its house in order and the stock seems to be reacting well to positive developments over the past few days. Management has announced they intend to bring the company back out of bk and I believe they have a good shot at it. If they manage to do it and it coincides with a turnaround in the economy, this one could end up being a grand slam homer.

I'm picking some up.
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