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Non-Tech : Cato Fashions - CACOA

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To: James L Wood who wrote (15)8/10/1998 10:43:00 PM
From: FRANK J CATALANO   of 28
 
JIM
THE ONLY CHARTS I USE ARE IN MY HEAD .I've BEEN AROUND THE
MARKET FOR ABOUT 30 YEARS AND GET TO UNDERSTAND MANY STOCKS
AND THEIR MOVEMENTS. CACOA CANNNN TRADE USING A 25-30 PE ON
STRONG EARNINGS. USING +.75 THE STOCK CAN TRADE BETWEEN
$18.00 -$22.00 . IF THEY EARN +.80 WE SHOULD SEE THE STOCK
BACK UP TO $19-$24.00 . COMPANY HAS NO DEBT and ABOUT $50+ MILL
IN CASH. GOOD LUCK CAT
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