CHAUS (CHS) The most undervalued stock on NYSE! Message Board

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Microcap & Penny Stocks : CHAUS (CHS) The most undervalued stock on NYSE!

CHS 7.590

0.0%

Jan 5 4:00 PM EST

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To: RCJIII who wrote (21)	3/22/1999 5:40:00 PM
From: Bob Walsh	Read Replies (2) of 87

Thanks - I checked it out - CHS Electronics (symbol HS) was down 33% to $4 today as they had to restate earnings - since all the headlines say "CHS" it is a plausible explanation. It also could be some profit taking, but at this level, it doesn't seem to make sense to be dumping although I suppose some short term trading could be going on. I still like the odds, while realizing the risks. If the fall line start shipping in June, shouldn't the orders be coming in for production around now? Any further insights appreciated. (I wonder why if they didn't just take this thing private when the recapitalization occurred, but I'm pleased they did not. But with only a small percentage of shares left outstanding, I wonder if they considered it. Too late now, a "fair price" would be well above the current trading level.)

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