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


To: Sergio H who wrote (2721)8/1/2003 5:02:40 PM
From: arnold silver  Read Replies (1) | Respond to of 23958
 
Sergio,
just got an email from Ameritrade
ALU will resume trading tomorrow,
new symbol is ALUHA,
Maybe get a few pennies back.
Arnie



To: Sergio H who wrote (2721)8/2/2003 10:12:52 AM
From: JoeinIowa  Read Replies (2) | Respond to of 23958
 
Sergio,

Portfolio has been updated. Surprisingly there are only 28 stocks at this time out of a possible 30. I follow a lot of China play but they all seem to have made some large moves at this point. Twenty out of twenty eight are in the green. Most of the 8 in the red are not down that much. I think we may be staying in the summer doldrums for a while.

Joe



To: Sergio H who wrote (2721)8/5/2003 3:38:21 PM
From: Ken W  Read Replies (4) | Respond to of 23958
 
Sergio

Okay here is going to be a new one for the folio..

Place BLTI as a short sale at 11.00.

Reasons:

1. suspect they have been recognizing sales and eps based on leases rather than actual sales. They have been selling the machines to a third party leasor, at a discount, then posting the sales at full price. RE: LA Time article.

2. The secondary offering is way over alloted to the underwriter...Not really the companies fault, but the underwriter is going to make a killing on the option. Dilutive to say the least.

3. The stock was and still is based on speculation of future growth, not actual value.

Down to 7.50 I say!!! LOL

Ken



To: Sergio H who wrote (2721)8/7/2003 1:37:05 PM
From: JoeinIowa  Read Replies (1) | Respond to of 23958
 
Sergio,

Is this what you have been waiting for? Yeehaawwww.

Joe

The Coast Distribution System, Inc. Reports Increases in Second Quarter and Six Month Sales and Earnings
Thursday August 7, 1:00 pm ET

MORGAN HILL, Calif., Aug. 7 /PRNewswire-FirstCall/ -- The Coast Distribution System, Inc. (AMEX: CRV - News) today reported increased sales and earnings for the second quarter and six months ended June 30, 2003.
Net sales for the quarter ended June 30, 2003 increased 6% to $47.5 million, as compared to $44.9 million for the second quarter of 2002. Net earnings for the quarter ended June 30, 2003 increased to $1,611,000, or $0.35 per diluted share, versus net earnings of $609,000, or $0.14 per diluted share, for the second quarter of 2002.

In the six months ended June 30, 2003 net sales increased 6% to $88.2 million as compared to $83.1 million in 2002. Net earnings for the six months ended June 30, 2003 were $2,460,000, or $0.54 per diluted share. This compares to earnings, before the cumulative effect of a change in accounting principle for goodwill impairment, for the six months ended June 30, 2002 of $1,328,000, or $0.30 per diluted share.

As previously reported, Coast adopted SFAS 142, "Goodwill and Intangible Assets" effective as of January 1, 2002 and recognized a non-cash goodwill impairment charge of $6,325,000, as a cumulative effect of an accounting change, in the first quarter of 2002. As a result of that change, the Company recorded a net loss for the six months ended June 30, 2002 of $4,997,000, or $1.14 per share.

"We are pleased with the changes that we have made over the last two years and with the effort of the entire Coast team in executing these changes," stated Thomas R. McGuire, Chairman and Chief Executive of Coast. "We believe we can do better going forward and we are committed to doing so."