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Strategies & Market Trends : Three Amigos Stock Thread

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To: Magnatizer who wrote (7333)	7/30/1998 6:19:00 PM
From: JoeinIowa	Read Replies (1) of 29382

Amigos y Amigas CMP Update Last night I mentioned CMP as a possibility. It had a good day on 3 times normal volume. This has been the typical action prior to an earnings release. After the release it has turned back down. There are several reasons why this time might be different: 3rd positive earnings quarter in a row. 2 could be a fluke. This shows the direction of earnings and sales. Unqualified auditors opinion. Allows new investment people to buy in. Will probably bring some new analyst recommendations. Current CEO is a former Wall Street guy and has many friends. The above two assume next Thursday earnings are good. The volume and direction of the stock price is indication that something is up. Good investing. Joeiniowa

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