CML group - large investors are in Message Board

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Microcap & Penny Stocks : CML group - large investors are in

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To: Sawtooth who wrote (34)	5/4/1998 2:13:00 PM
From: Tathanka	Read Replies (1) of 109

Here's an article that appeared on the Yahoo Message board. (I don't know how to cut and paste, so please bear with me if this looks funny; it's my very 1st try.) Message BoardsHelp - Edit Public Profile - Personalize - SignÿOut Top:Business and Finance:Stocks:Consumer Cyclical:Recreational Products:CML (CML Group, Inc.) <- Previous Message 206 of 206ÿÿÿÿ Reply ÿÿÿÿÿ CML mentioned in recent Forbes articlelizard_0001 May 4 1998 12:29PM EDTHere is the article that appeared recently in Forbes magazine. Ousted and up INVESTORS IN CML Group have gotten creamed. Shares in this $341 million (1997 revenues) specialty retail holding company-named for founder Charles M. Leighton-hit a peak in 1993 at $32.88 on the success of the company's NordicTrack exercise machine. But as the workout boom fizzled, so did the stock (NYSE: CML). Recent price: $1.81. Things are looking up. The Bass brothers have accumulated 7% of the stock and their money manager, Thomas Taylor, has set turnaround wheels in motion. The board ousted Leighton in January and replaced him with a Mr. Fixit, John Pound. CML Group has also hired Lehman Brothers to advise it on improving shareholder value. Read: Nordic Track sale. Possible buyers? Brunswick, Nike or Stairmaster. CML will keep its jewel: gardening retailer Smith & Hawken, which grew sales 25% this quarter, mostly because of its California-chic clothing and garden gear sold by catalogue. Pound hopes to expand the company's retail presence beyond its 29 stores. Gardening is a hot pastime and Smith & Hawken has one of the few brand names in the business. The company could also broaden sales by selling through department stores. Pound may do a reverse stock split and change the company name to Smith & Hawken. Tangible assets are worth over $3 per share; stock could hit double digits by late next year. The double digits "possibility" is an interesting comment for people visting this thread. I'm still getting out once I make a small profit off this company. ÿCML:ÿ Quote ÿ\|ÿ Profile ÿ\|ÿResearch This Is a Reply to: Msg 204 by MicroDude00 <- Previous Message 206 of 206ÿÿÿÿ Reply ÿÿÿÿÿ ÿÿ ------------------------------------------------------------------------ Go to: Startÿ\|ÿMost Recentÿ\|ÿMessage List \| Message Number:ÿ ÿ ÿ All Boards ÿ Only in this Board ÿ All ÿÿ Boards & Topics ÿ Authors ------------------------------------------------------------------------ Terms and Conditions Yahoo! is a trademark of Yahoo! Inc. Copyright c 1994-98 Yahoo! All Rights Reserved.

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