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Strategies & Market Trends : CHRB, going above $5.

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To: Tony Grier who wrote (52)4/15/1997 8:59:00 PM
From: Chris Bommarito   of 145
 
Saw that! The 10-K is very long and I haven't read the whole thing yet, but here are some interesting #'s.

Earnings per share=$1.15 (as expected)
Assets = $84,953,000
Liabilities = $59,316,000
Assets-Liabilities = $25,637,000
= $4.43/share
Cash on hand = $15,784,00
= $2.73/share

Looks good to me! Once the info in the 10-K is digested, I think we'll mkove back to the $4-$5 range. If China, rubber gets hot, we could go up fast. If the company does the smart thing and buys some shares back at these ridiculous prices, we could be up to $10.00 ($1.00 pre-split) which was my initial goal for this stock.

Lots of luck!
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