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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: mattie who wrote (2022)	10/22/1997 5:29:00 PM
From: Crossy	Respond to of 37387

Mattie, thanks for forwarding Your picks. Will run them thru my TA meat grinder. value play might usually become momentum plays as well once they are on the run but not so easily vice versa <G> regards CROSSY

To: mattie who wrote (2022)	10/22/1997 5:59:00 PM
From: Crossy	Read Replies (1) \| Respond to of 37387

Mattie, RCHY is truly a good opportunity. Bottom reversal indication. Entry warranted IMO. MDEA is more speculative. Sales are pointing down. Here FA is not so rosy... best wishes & thanks again CROSSY

To: mattie who wrote (2022)	10/22/1997 11:28:00 PM
From: Zeev Hed	Respond to of 37387

mattie: Careful with RCHY, I just did a first cursory look at their last report and I am not sure that they are such a great deal. Their earnings are yo/yoing, up and down. Yes this quarter looks better than the one last year, but while their sales grew dramatically, their earnings grew by only 11%. Year over full 12 months do not shosuch progrees. Main problems, their margins stticks (3%). They are a simple distributor of electronic products, not much margins nor growth there when you compete with Arrows and Avnet and few aother giants. Some warning signals are large increase in inventories and receivable (larger percentage wise than the increase in sales). Also worysome, that even this profitable quarter resulted in negative cash flow of more than a million. They had to borrow an additional $10 MM recently just to cover investments and increases in working capital (teceivables and inventory). Any softness in the economy and they go into the tank. Just MHO. It just look cheap, but I am not sure it really is. They have puny profits for the size of the assets employed in the business. They could do better returns on these assets in money market funds. Zeev