Cannondale Corp. (BIKE) Message Board

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Non-Tech : Cannondale Corp. (BIKE)

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To: Marco Polo who wrote ()	6/27/1997 2:34:00 PM
From: Greg Ballinger	of 103

Benjamin, I'm glad to see someone start a thread for BIKE that doesn't limit it's description to mountain bikes. As a premium quality bicycle manufacturer, Cannondale must be described with the diversity and quality they actually represent. Examine how BIKE has performed recently. Is all of this action due only to european sales spurred on because of a major race win? If this is so, buy now. Racing season has just started and Cannondale exposure is just beginning. The stock has found some support at 18 it appears. Are you waiting on a major dip to buy? What will cause a major dip? A racing loss? I say buy now and cost average down if there is a drop. I doubt it will get much cheaper since 'tis the season for increased bike sales. If a 1/4 point move affects your bottom line greatly, wait for it. But don't ignore last years graph. This is the beginning of the rise for BIKE. Good luck in your decision, Greg

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