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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (17765)	1/3/2000 4:59:00 PM
From: Sye Walsh	Read Replies (1) \| Respond to of 57584

Check out our old buddy IATR. Look at the volume in the last hour, news? Sye

To: Rande Is who wrote (17765)	1/3/2000 5:37:00 PM
From: John Miz	Read Replies (1) \| Respond to of 57584

(CDT) Individual Investor analyst looking for a triple... individualinvestor.com Tom Byrne (1/3/00) Being that today is the first trading day of 2000, I thought it an opportune time to share with you two stocks that I am bullish about. First, I am recommending Cable Design Technologies (NYSE: CDT - Quotes, News, Boards), a stock that started 1999 at about $20 and basically ended in the same place -- not good in a year when technology stocks were up over 80%. Cable Design Technologies Cable Design, located in Pittsburgh, Pennsylvania, makes both copper cables and fiber optic cables, plus structured wiring systems and cable management solutions. The company's products are generally comprised of electronic copper and fiber optic cable and network structured wiring components which are categorized into two principal product groups, Network Communication and Specialty Electronics. Cable Design's products are used for local area networks (LANs) and wide area networks (WANs), plus other communication applications. Cable Design's customers include Bell Canada and all of the regional Bell companies in the United States. The reason behind Cable Design's lackluster stock performance this year was that earnings were essentially flat versus a year ago. For the year ended July 1999, Cable Design earned $39.6 million versus $40.5 million a year ago. Due to a lesser amount of shares outstanding, Cable Design posted earnings of $1.36 per share in 1999, compared to $1.29 in 1998. But in the company's first fiscal quarter, ended October, Cable Design earned $0.45 per share, four cents ahead of last year's first quarter and two cents ahead of estimates. Sales increased 8% to $188 million. It was the third straight quarter Cable Design had beat estimates, yet investors were still not convinced, refusing to bid the stock up despite three straight strong quarters. It might be Cable Design's own fault. In the first quarter announcement, Cable Design stated “we want to be careful on forecasts for our historically difficult second quarter, which is seasonally slow due to the many domestic and international holidays and extreme weather conditions in the Canadian marketplace. Presently, we estimate that revenues will be in a range of $170 to $178 million and earnings per share will be in the low to mid thirty cents range for our second quarter ending January 31, 2000. According to our market intelligence and the underlying strength we are experiencing for our gigabit and networking systems, calendar year 2000 should be a very exciting year for CDT.” Discretion is the better part of valor, but I believe the second half of this year is going to be phenomenal for Cable Design. The need for copper and fiber optic cable is overwhelming and there are not that many suppliers. Cable Design will make at least $1.70 per share for fiscal 2000, a 25% improvement over 1999. At $21.81, Cable design is trading at just 12.8 times my year 2000 estimate, which makes this a compelling buy. If the stock reaches a price/earnings ratio in line with its peer group of 35 times earnings, the stock should triple.