Churchill (CUQ), PE of 3! Message Board

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Gold/Mining/Energy : Churchill (CUQ), PE of 3!

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To: speculatingvalue who wrote (191)	2/11/2000 12:12:00 PM
From: Gulo	Read Replies (1) of 264

Why would they use equity for acquisitions? They have cash, and given the statement regarding 4Q earnings, they will have a lot of it. Book value was 1.26/share last fall. What will it be after earnings that are "significantly higher" than 1998's? This is the most successful turnaround story I have seen in recent years. Exciting -well, maybe not. Grass grows at 30%/week and it's not too exciting to watch either. The only thing that might become exciting with this company is if one of the 'acquisitions' is a dot.com or wireless company.

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