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Non-Tech : Cavalier Homes (CAV)
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To: Paul Senior who wrote (60)9/25/1997 10:38:00 AM
From: Forrest Coile   of 67
 
Paul, that is very interesting. I like CAV in that I feel that is a relatively safe stock to trade for a point or a point-and-a-half pop. I wouldn't be surprised to see CAV at 10 or even 9-3/4 again soon, and when it does I'll probably pick up a couple of thousand shares and hang on to them for a month or two and roll them at 11 or 11-1/2. I've done this type of trading on CAV a few times without worrying too much that the stock is going to turn south all of the sudden and leave me wondering if I should sell at loss and move on, or hold and hope for the best. Then again, you don't get the point-and-a-half pop overnight either, however, it does keep a little money coming in though. Brokerage house, Anderson&Strudwick, has followed CAV for years and they have maintained a HOLD rating on CAV for at least the last six to eight months.

Forrest
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