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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (15450)	3/10/1999 10:27:00 PM
From: HoodBuilder	Read Replies (2) of 34811

Jan, I realize that most P&F threaders don't focus on "cheap stocks" and O.j.isn't gonna let me live down the fact that I own a SUBSTANTIAL POSITION in this stock but could you give me your thoughts on CHRS. Does this look like a shakeout? I am very close to this company and feel that they are executing their turn around strategy and would be interested in your thoughts. Besides P&F this stock is trading at book, they just authorized another 10 million share buyback (97 mil outstanding/ 44 mil in float) and they are slashing overhead and rebuilding sales. I am NOT advocating that anyone buy this stock but due to my investment and unwaivering commitment to this company I'd like your expert advice. P.S. Jerry DO NOT respond to this post!

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