Cato Fashions - CACOA Message Board

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Non-Tech : Cato Fashions - CACOA

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To: M CAHILL who wrote ()	7/18/1998 12:14:00 AM
From: FRANK J CATALANO	Read Replies (2) of 28

M CAHILL CACOA- THE COMPANY HAD A STRONG FIRST QUARTER ENDING APRIL. +.39 vv +.28 LAST YEAR. THATS ON 22 MILL + SHARES OUT. FIRST TWO MONTHS OF THEIR SECOND QUARTER ENDING JULY LOOKS GOOD. IF ALL GOES WELL THE COMPANY SHOULD EARN NO LESS THAN +.75 AND SHOULD HIT +.80.AS I HAVE BEEN FOLLOWING CACOA FOR ABOUT 5 YEARS ON AND OFF I KNOW THE STOCK CAN TRADE WITH A 25-30 PE IN A GOOD MARKET and ON GOOD ### . FIRST RECOMMENDED YEARS AGO @ $10.00 . THE STOCK WENT TO $30.00 + IN 1993 AND DID A 3 for 2 STOCK SPLIT . THE STOCK BACKED DOWN TO $6.00 OVER A YEAR AGO AND I AGAIN RECOMMENDED THE STOCK AT $6.00. IT DROPPED TO ABOUT $4.50 THEN MADE ITS WAY BACK UP TO $19.00 +. THE CFO JUST RESIGNED BUT WAS REPLACED . THAT MUST HAVE CAUSED THE DROP IN THE STOCK. BASED ON USING .75 AND A 25 PE THE STOCK AT $14.50 LOOKS GOOD IF YOU ARE WILLING TO HOLD .ON A GOOD SECOND QUARTER THE STOCK SHOULD MOVE BACK UP TO $18.00 +.GOOD LUCK CAT

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