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Strategies & Market Trends : Three Amigos Stock Thread

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To: Instock who wrote (12406)	1/8/1999 1:52:00 AM
From: Cary C	Read Replies (1) of 29382

Hey Scott how goes it? Regarding CNGR, RCJ is very up to date on this company. Like he said in an earlier post, he is looking for an announcement of another 10 million profit from their INKT investment. With profits from INKT they are currently trading under book value. Because of taxes and INKT fluctuation (probably more because I am to lazy to try and figure it out <g>)I don;thave an accurate one but I would say it is currently between $6 and $7 I also am looking for them to announce application or approval for Nasdaq National listing. The additional exposure would help their cause and I believe they meet all of the qualifications. With car sales as brisk as they have been and home loans and refinancing rocking their PAACHO and Concorde Acceptance divisions should do very well next quarter. They also expect to close the Car-Mart deal in mid January. >>>''Finally, we expect to complete our recently-announced acquisition of America's Car-Mart, Inc. (''Car-Mart'') by mid-January,'' Gee it is almost the middle of January. Hmmmmm Cary

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