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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (90)	2/17/2002 5:22:23 PM
From: Sergio H	Read Replies (2) of 23958

Fresh Del Monte Produce (NYSE:FDP) FDP just completed the first profitable quarter in its history. Along with bottom line improvement, the company has reduced debt and improved cash flow. Based on revised earnings estimates of $2.00/share, the stock is worth 20 applying a PE of only 10 and there's a dividend for a bonus. Block buying is likely in the near future from the March road show to attract new institutional investors. The Crop sector is benefiting from a trend towards perceived safer and more stable market areas as well as from increased worldwide demand for food supplies. FDP is establishing itself as a leader in this sector. Bullish chart pattern with a rising 50 and 200 day moving averages forming a strong upward trend. Overhead resistance is at the new 52 week high of 17.32 and support is at 16.47. RATING: 8 chart signal - 2 out of possible 2 points. timeliness, based on sector ta - 1 out of possible 2 points timeliness, based on fundamental strengh of sector: 1 point out of possible 1 point. above avg. earnings growth: 2 points out of possible 2 points due to favorable cash flow improvements. expected news development: 1 unrealized value: 1 point

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