CAND,,,another one for consideration (caught my eye today)
Thanks for the welcome back,,,I look forward to catching up on the thread in another week or two, meanwhile,,,,CAND has revised FY99 estimates upwards by 24%!
Currently near it's 52wk low, I expect the stock to rise back to at least $4,50share by years end, although I have no idea if it'll be sooner or later-
<<Candie's sees 24 pct rise in '99 revenues
PURCHASE, N.Y., May 3 (Reuters) - Shoes and clothes maker Candie's Inc said Monday it will seek an extension of the filing date of its annual report, but that it expects a 24 percent increase in annual net revenues over 1998.
The company expects fiscal 1999 net revenues of about $115 million, compared with $93 million for the prior year. It anticipates pre-tax income of about $750,000 for the fiscal year ended January 31, 1999 compared with $5,732,985 a year earlier.
10:47 05-03-99 <<
411stocks.com
Regards all, -Mark |