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Strategies & Market Trends : Value Investing

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To: Grommit who wrote (9415)12/25/1999 2:44:00 PM
From: jeffbas  Read Replies (1) of 78652
 
Thanks, Grommit, for the CAV info. I have not seen it. A buddy of mine who has been in it for years and knows the industry very well doesn't see the industry as very attractive. CAV inventory is about $20 million higher than the same time last year which, on declining sales, is a bad sign. The stock probably reflects it though, but as the analyst said no particular catalyst - and probably real losses to come in the 2 seasonally poor quarters ahead. I still follow it though.
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