CDNO here's what Pettycash has to say:
From: "Pettycash Stock Picks" <petycash@bellsouth.net>
Delivered-To: mailing list Pettycash@listbot.com
Subject: CDNO New Info...
X-UIDL: 008ccf8cc2e1147b8c631d62317694f7
Pettycash Stock Picks - hotyellow98.com
Upon further digging, it seems the word on cdno's merger partner is even
better than first thought.. We have learned that a
certain Canadian steel company was leaked, apparently, as a diversion from
the real merger target. The real target is a private
financial services company, most likely based in Canada.. Indications are
that the financial services company is in the venture
capital, investment banking sector of this industry.
This, in my opinion, is very good news, in that it bodes well for the
after-merger potential of the company, with access to
financing and a focus in a sector with considerably higher profit margins
and higher eps multipliers than steel related businesses.
This, coupled with Bagley's penchant for M & A, will create a synergy of
forces that lead me to conclude that they will build the
company on the CMGI model, acquiring and developing Internet, high-tech,
and other growth orientated businesses.
So what does this mean for the shareholders of CDNO? Well, in my opinion,
the stock will see strong appreciation in value as
the word of the pending reverse merger spreads. However, the greatest
appreciation given the new scenerio will be seen as the
market analyzes the full potential of the post merger company.
God Bless, Good Luck and as always Good TRading
Pettycash
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