Mama Bear goes long! Message Board

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Non-Tech : Mama Bear goes long!

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To: Mama Bear who wrote (73)	8/12/1998 5:01:00 PM
From: oexwa	Read Replies (1) of 131

Barb, ASHW was recommended on CNBC by Joe Teklits of Ferris, Baker Watts today. It has come down from 18 3/8 in May to 6 1/8 yesterday. It is a quality sportswear apparel company that got hurt on a quality control issue ( the bad stuff wasn't sold, but reduced their available inventory). Trailing P/E is 13.83 and forward is 11. They are selling at less than 1 times sales and only 1.3 times book. Their growth has been 100% plus and their balance sheet looks good. While I was checking this out, the stock went up to $7. It traded over 2 million shares today. They are big in golf apparel and with the PGA tournament starting tomorrow, they could get a quick boost. I initiated a small position because it looked so good. Maybe that is only because I have been looking at too many short candidates. Take a look at the One Page report on Daily Stocks. I will do additional DD, but on the surface, this looks like a great risk/reward situation. Any thoughts? Good luck, Bob

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