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

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To: KEN who wrote (56)6/10/1998 8:47:00 PM
From: BostonView  Read Replies (1) of 109
 
Can't have it both ways, Ken. Seems rumors were everywhere...like this one?

To: Nellanosa (48 )
From: KEN Monday, Jun 1 1998 2:49AM ET
Reply # of 57
NELLANOSA,
YOU OBVIOUSLY ARE NOT AWARE THAT EARNINGS AND POSSIBLY MAJOR
ANNOUNCEMENTS ARE DUE OUT TUESDAY JUNE 8TH........WITH THIS NEWS SO NEAR SWINGS COULD BE HUGE THE NEXT WEEK! THE STOCK COULD BE BETWEEN 2.25 AND 4.25!

You're right about one thing. This is a turn around play. Pure and simple. We're betting that mgmt. can make a go of Smith & Hawken and somehow get that fitness division on the right "track". Agree the stock seems cheap here, but then these guys are hemorrhaging quite badly at present. Until they articulate the details of a turn around (not to mention execute on it) the stock goes nowhere.

At least at these levels the downside is limited!

BV
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