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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts
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To: HandsOn who wrote (10317)12/2/1998 1:53:00 PM
From: RCJIII  Read Replies (2) of 25711
 
Hands On, CNGR should move up because,

This will add .40 per share to the bottom line over the next 12 months. The company was already expecting .45 per share. That makes .85 per share and a current PE of less than 7.

They also have a research report being issued very soon, a road show that is about to begin, earnings that will be positive and announced on the 15th.

They also own $30 million in Inktomi stock purchased 7 months ago for $1 million.

RCJIII
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