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Microcap & Penny Stocks : CHAUS (CHS) The most undervalued stock on NYSE!
CHS 7.5900.0%Jan 5 4:00 PM EST

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To: TripleWitching who wrote (58)6/20/1999 1:17:00 PM
From: scouser   of 87
 
The rumour turns out to be true.....
3-6 MONTH PRICE TARGET 9

A very exciting summer is about to begin for CHS. Several positive
developments are on the way, which should send the stock higher.

1) Positive Publicity-

On Monday, June 21st, Crain's New York Business will publish a profile of
CHS. The profile will be very favorable. It will focus on their amazing
turnaround, their future prospects, their undervalued stock price and the
distinct possibility that a takeover may be in the works. This publication
will be sent out to investors in major cities all around the U.S. and
should greatly increase interest in the Company. (www.crainsny.com)

2) Advertising-

Beginning soon, CHS will initiate a major advertising campaign to promote
their new lines as well as their updated older lines. They will focus on a
younger consumer, previously not targeted by the company. CHS has not
previously used advertising to sell their clothes. With their new financial
clout and aggressive growth strategy in place, now is the time to promote
brand recognition.

3) Fall Sales-

Soon Fall merchandise will hit the stores. For the Fall season, CHS will
debut its new more casual lines as well as their updated Core lines. Buzz
on the street has been very positive. Many new department stores are
requesting CHS clothing. Increased sales and profits should generate lots
of near term and long term excitement in the Company and the stock.

4) Earnings-

CHS' fiscal year ends in two weeks. Look for the company to report earnings
sooner than in past years in order to tout their success. Earnings should
be .40 to .45 or higher. CHS is currently trading at $2.812. Considering
the above developments, we reiterate our BUY rating on CHS and raise our 3
to 6 month price target to $9.
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