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Microcap & Penny Stocks : Cade Industries

CADE 38.96

+4.2%

3:59 PM EST

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To: BobbleUnc who wrote (2781)	7/10/1998 3:23:00 PM
From: James Wright	Read Replies (1) of 3563

The next earnings report will be released sometime during the week of July 20th, according to CADE's IR Sheryl Mull. (I talked with her this afternoon.) I seem to recall earlier posts stating that earnings would be out in early August, so I wanted to pass along this latest information. Also, I asked Sheryl about Molly Cade's sale of around 200,000 shares back in May. Although Sheryl stated that she could not speak for Molly, she did say that it was her understanding that Molly planned to sell a couple hundred to several hundred thousand shares per year for charitable purposes. When I asked why Molly didn't simply donate those shares to charity, Sheryl didn't know and had no explanation (not that I expected her to know). Hopefully, Molly filled her quota for the year already (my comment, not Sheryl's)! I'm still accumulating, and so far today I have been unable to pick up any more shares at 3 3/8. It looks like the well is drying up and I may have to raise my bid! -- Jim

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