Cannondale Corp. (BIKE) Message Board

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Non-Tech : Cannondale Corp. (BIKE)

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To: Fredric D. Bellamy who wrote (29)	10/20/1997 8:14:00 AM
From: Maverick	of 103

Zack's is a subscription service. You can join (try a free trial membership first) and look at various analyst's recommendations. Zack's also posts their own ratings. You set up a portfolio of 20 stocks you want to follow, and they send a daily update of their ratings. Recently they had raised BIKE from a 3 (hold) to a 2 (buy). Then they rescinded it back to a 3, and then to a 4 (sell). I immediately sold, and it's dropped some since then. I had also held RSHX, and sold it when Zack's cut it's rating - it fell hard two days later. They reported bad earnings from decreased mountain bike sales. While BIKE isn't totally dependant upon high end mountain bikes like RSHX (those typically have front shock suspensions), they always are affected by RSHX sales. Read stories on RSHX earnings to find out about decreased bicycle sales. I recommend Yahoo! financial pages for stories.

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