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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: JoeinIowa who wrote (954)	1/10/2003 7:15:07 PM
From: Crossy	Respond to of 23958

Joe - re: Value Stocks.. thx alot for IPSU backrub. Yes we just retraced quietly on low volume to breakout area again. I imagine any news (the 10Q is due for this Month) to be a major catalyse.. sometimes it happens you watch an "old friend" among the companies out there and are fascinated by the performance - AFTER YOU HAVE SOLD. Can happen of course and a lesson in patience. Happened to me over the last days. 18 months ago I loved a small consumer stock, a direct competitor of Playtex (NYSE: PYX) called CCA Industries CCAM.OB, trading at the OTC/BB for a PE of 0.30 and a PSR of 0.30 back then, around $0.90 where I bought it. Well I was right and the company started a stellar performance not really reflected inthe stock back then. They posted EPS of around $0.25 per year and still only made it to around $1.90 where I sold them. Well, today I look again and the company sort of "put itself up on the auction block". Moreover in anticipation of Bush's dividend plan, they just announced the first dividend ever. I have no bought in but I love to watch them rise. Already plus 50% over the last few days closing at $3 today.. Funny story indeed.. I wonder who will be the acquiror ultimately.. rgrds CROSSY