CML last 5/16
Diane ... I did not notice you 'spamming' this stock ... as I saw it on only 2 threads ...
yes ... for a penny ... it has given a nice return, so far ...
day traders have not yet gotten a hold of it. If you see that happen, it will spike to 3/4 to 7/8 (resistance) easily. That would be a good exit point.
holding firm from entry 3/16 ... thanks again for bringing this to attention.
Sue .................
Business Summary
CML Group operates NordicTrack (designs, sources, manufactures and markets physical fitness and exercise equipment), and
Smith and Hawken (sells gardening tools, work wear, outdoor furniture, plants and accessories). For the nine months ended
5/2/98, net sales fell 19% to $226.8 million. Net loss totalled $102.4 million, up from $27.4 million. Results reflect
NordicTrack exiting the direct response and catalog sales channels and a $31.4 million tax provison vs. a $14.1 million tax
benefit.
Recent Earnings Announcement
For the 3 months ended 07/31/98, revenues were 47,529; after tax earnings were -25,007. |
