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Non-Tech : InvestRight Club Challenge

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To: CIMA who wrote (2586)	7/4/1999 11:18:00 AM
From: mike mulhearn	of 2662

Here is one that is interesting. GAEO biz.yahoo.com Insider biz.yahoo.com Chart finance.yahoo.com I have been with this one for a long time and rode the roller coaster. What's interesting now is the company was placed in the hands of Andlinger and Company a private investment firm who came in and cleaned house (new CEO's etc.) and is in the process of reducing debt through the sale of Divisions of GAEO they don't deem critical in GAEO's recovery. Since the Andlinger takeover the stock has gradually risen. To get an idea of who Andlinger is and what their all about, check out this website. andlinger.com The remaining companies of GAEO OFC Corporation ofccorp.com Leisegang Medical Inc. leisegang.com Most recent acquisition, Galenica, Inc. is located near Montreal, Quebec, Canada. They have recently appointed a new President and CEO of OFC. biz.yahoo.com Last quarter GAEO posted positive earnings .02 per share. I know it's not much, but the previous quarters were disasterous due to restructuring etc. This quarter will tell a lot and next quarter will show the recent sales of their divisions. Andlinger is a well known and respected company. The question now is can they bring the stock back to the glory days of 30.00 per share. I'll take 20.00 lol. They seem to be making the right moves and the stock is now headed in the right direction. Who knows? Maybe worth a look.

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