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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?


To: Bill on the Hill who wrote (2362)10/4/2005 5:58:40 AM
From: Snowshoe  Respond to of 24211
 
Bill,

Cannondale has been around for a while. I think they started out making bike panniers, and then got into bikes. I've done zero dd and rarely play with penny stocks so I'll probably just watch it. Caveat emptor if you mess with it.

I didn't even know it was a listed company until I pulled it up on Yahoo last night. It's amazing to look at the multi-year chart and see that the stock went from $20 in 1998 to 10 cents in 2005. I assume that the problem is competition from China.

I don't know how much a biking resurgence in the US will help them. They make high-end stuff, so the folks who need to bicycle because of high energy costs will probably be looking for something cheaper.

-Snow