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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (1022)3/5/1998 7:52:00 PM
From: Kerry S. Nelson  Read Replies (1) of 18998
 
Hello Mr. Pink:

What do you think about the stock "CVIA"? They have had great volume over the last two days and a gain of 60% today. I bought in yesterday and plan on holding for at least a month. They have a merger going through with a solid company that is not publicly traded. The newly formed company plans to purchase other companies that are not doing well, but have potential. With their management, they intend to make these companies and therefore themselves, profitable. According to the prez, the first company purchase will be completed at the time of the merger, in 2-4 weeks. If you have time and the desire to look into it, I would be interested in your thoughts on this one.

Cheers,
Kerry S. Nelson

P.S. It is nice to be up on a day when all the markets seem to be down!!
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