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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: J.S. who wrote (225)2/22/2000 12:21:00 AM
From: Jibacoa  Read Replies (2) | Respond to of 1404
 
J.S.:

As you know, TCGI has had a good performance ( as far as the stock price) in spite of their sales falling 10% and the net income 65% in the last reported quarter ended 9/30/99

The few institutions that have held the stock, reportedly recently sold 51,000 shares. I don't know how popular are their imported Italian and Greek cheeses or their Mobile Caterer's Business.

When you mentioned the stock before, it was selling before its reported book value ($3.60) They only have 1.01 million shares outstanding and the float is 900,000 so there is room for volatility and there could be sharp movements.

If you are familiar with their products and you think they can improve their bottom line, then stay with it since it could still go much higher.Of course be aware that it is a very risky holding, to say the least.

As you know the stock price had a new H of 9.281 on Thursday 2/17/2000. You can also go to the Yahoo message boards and look at the posting just made by rakesh15 who thinks the stock is going to go to $20.

Good luck, so far you have had it, and with stocks like this one you need it much more than with others

Bernard