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Non-Tech : Gargoyles (GOYL)

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To: Matt Brown who wrote (77)11/5/1999 1:25:00 AM
From: Loren S.  Read Replies (1) of 103
 
FM, From what folks are posting, we should be seeing financials in the next week or so. GaBard has done some great dd on this one. Check out the following RB post summarizing his research: ragingbull.com

GOYL is a very different stock than SYCD was. SYCD was a company growing out of infancy. When I first bought in they were just ramping up their sales and distribution. While they haven't gotten all the contracts we were hoping they'd get (as you know), they are developing extremely well. GOYL on the other hand was a company on the financial ropes. It is still a turnaround play with a fair amount of risk. But like you indicate, they are selling some established products with a track record already. The key here will be whether new management can right this ship. I am new to this one and don't have a great knowledge of the story here, but what I have read gives me confidence the risk to rewards are very favorable at current prices. This could easily be a $5.00 stock again if they get their act halfway together and start making some money.
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