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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Coral4pH_dot_com who wrote (56685)	1/4/2000 9:41:00 PM
From: hoffy	Respond to of 108040

Here's what one newsletter is saying about SNKI SWANK INC (Nasdaq: SNKI): The stock rose 20.6% to finish at $1 9/32. Over 1 million shares, or 32 times its 3-month daily average, were changed hands. The stock has been traded heavily since last Thursday after several month no-show trading activity. The stock is much like our previous CNTR that shot to $11 after it woke up. We feel several major events could put the stock into double digits easily. First, the company is buying 600 K shares now in the open market for its employee retirement plan. Right now the stock has about 1.7 million shares in the float and institutional investors control about 200K. That would reduce the active float to 900 K shares. Do we hear short squeezing? Second, we hear the company is in the process of expanding into e-commerce with a major Internet company. Third, the company has been running its offshore manufacturing center that could enormously reduce the manufacturing expenses and thereby significantly would increase its earnings. We believe that will be reflected in the next earning report due in the middle of February. Fourth, more and more analysts on Wall Street believe that companies which already prove their success off the Internet are much more likely to be successful on the Internet as opposed to a pure Internet company. The company has already had world-wide recognition of its brand name, we believe the company should do well in its new e-commerce business. The stock has not performed well for its stockholders in the past two years. We believe it's time to turnaround. With these important new developments, the stock could easily get over $4 easily. Hence the stock is rated "strong buy" at this level

To: Coral4pH_dot_com who wrote (56685)	1/4/2000 11:31:00 PM
From: 2MAR$	Read Replies (2) \| Respond to of 108040

splitting friday , too. The Board of Directors announced a 3:2 stock split on 12/08 to be paid in the form of a stock dividend. The payable date is 1/07. The company currently has 13.5 million shares outstanding and 50 million authorized. 38.186.148.51 EARNINGS NUMBERS LAST EARNINGS WERE $0.20 ESTIMATES WERE $0.18 PREVIOUS YEAR $0.21 NEXT EARNINGS are expected on: 01/22/2000 After the Bell The company released their Q numbers on 10/26 after the market, beating expectations by $0.02. FIRST CALL estimates = $0.21 WHISPER NUMBER = ZACK'S estimates = $0.21 EARNINGS HISTORY Quarter Actual Estimate Suprise Last Qtr - Q3 SEP99 $0.20 $0.18 +0.02 Q2 JUN99 $0.15 $0.14 +0.01 Q1 MAR99 $0.13 $0.12 +0.01 Q4 DEC98 $0.14 $0.13 +0.01 Q3 SEP98 $0.21 $0.11 +0.10 STATISTICS Market Cap 812.0M Outstanding Shares 13.5M Float 8.1M Average Daily Volume 139.3K P/E 98 WHO'S BUYING? Institutional Ownership 91.3% # of Institutions 159 Insider Ownership 4% Insider Trading Some Selling