Churchill (CUQ), PE of 3! Message Board

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Gold/Mining/Energy : Churchill (CUQ), PE of 3!

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To: speculatingvalue who wrote (95)	3/22/1999 4:47:00 PM
From: J. Plantinga	Read Replies (1) of 264

Well, they've been profitable for at least the last 9 quarters, and with the size of the work backlog they have, I'm not worried about profitability near term. Don't know if they'll hold $.16/share consistently, if that's what you mean, but Q1 of last year (revenues of $40MM, EPS of $.05) shouldn't be too hard to beat. You may be right about the share price, but recent trading levels are larger than usual which is encouraging. Still, I'm keeping some powder dry. If it does drop back below $1, be sure that I'll be throwing a few bids in! cheers, JP

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