Candies (CAND) -- fast-growing footwear and apparel brand Message Board

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Non-Tech : Candies (CAND) -- fast-growing footwear and apparel brand

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To: James Strauss who wrote (32)	8/22/1998 11:27:00 PM
From: MIKE	Read Replies (1) of 103

A REAL BARGAIN INDEED !!! The shares of Candies are currently considered a "BUY" by Wall Street analysts. Analysts expect the company to show a rise in earnings in 1999 of 25.0%. For 2000 another increase 44.0% is expected. This would represent a jump from 1998's $0.40 per share to $0.50 in 1999 and another increase to $0.72 in 2000. The investment community's confidence in the earnings forecast is very high. New advertising and marketing programs should enable this company to generate some very impressive numbers going forward. Good results could drive their price past $10 a share.With a current P/E ratio of 17.8 the $0.72 forecast in 2000 would translate to a share price of $12.816. Not to shabby, huh ? 52 Week Range: $4.25-$8.63 Friday 8/21/98 close: $7.125 Upcoming Earnings Release Date: 10/21/98

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