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Non-Tech : Cable Car Beverage (DRNK)

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To: Andrew who wrote ()2/2/1997 2:41:00 PM
From: hoopsville   of 284
 
The volume was 100,600 shares which is good. However the last 4 spikes in price came on volume around 200,000 so I think we've got a way to go yet. The last price spike in mid-November happened when Jim Barrett, analyst for Josephthal Lyon & Ross Inc., initiated coverage of Cable Car Beverage with a buy rating and a 12-month share-price target of $3.60. While DRNK can use the publicity, hopefully the current rise is due to forthcoming news of a more fundamental nature. Go DRNK.
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