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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?


To: Esteban who wrote (4133)11/28/1997 11:08:00 AM
From: Instock  Read Replies (1) | Respond to of 4701
 
Todays Doug R. and the 56 Threads Special Pick Of The Week: QUST. This is repost from 56 Thread 11:00 am Friday.

This stock has Attitude written all over it. It wouldn't wait for Monday so here it is on Fri. Monday will be
a good day for it too but sometimes a stock just up and runs whenever it damn well pleases. I won't argue
with that, I'm flexible:

QUESTRON TECHNOLOGY
Ticker: QUST
Exchange: NASDAQ
Address: 200 S BROAD ST STE 800
PHILADELPHIA PA 19102
Telephone: 215-546-6200
Contact: Dominic Polimeni (561)241-5251
KCSA, New York - (Company's IR firm)
Adam I. Friedman/Joseph A. Mansi/Sarah Shepard
(212) 682-6300
http:// www.kcsa.com

GENERAL
Distributes fasteners and electronic hardware sold to electronic equipment
manufacturers. Management believes that Quest has the opportunity to become
a significant participant in a very fragmented industry dominated by so
called "mom and pop" type operations. Management's goal is to expand the
business
through a combination of continued penetration of existing markets,
expansion into new markets and acquisitions. The company plans to initiate
a comprehensive marketing program

EXECUTIVE BRIEF
* RECENT ANALYST COVERAGE
OCT. 31, 1997 J.W. Charles initiates coverage with a BUY recommendation
projects $0.63 earnings in '97, $0.90 in '98, and a 12-month price target
at $15.
cob.vt.edu.
ies.html
OCT. 28, 1997 Ladenburg Thalmann initiates coverage on Questron Technology
-- Long Term Buy 12 month target of $13.
multexnet.com

* EARNINGS, EARNINGS EARNINGS !!!
Record third quarter and nine month earnings includes the operating results
of Quest Electronic
for the nine months ended September 30, 1997, the operating results of Webb
Distribution for the seven months ended September 30, 1997, the operating
results of Integrated Material Systems, for the four months ended September
30, 1997, and the operating results of California Fasteners and Power
Components for the month ended September 30, 1997
biz.yahoo.com

* INSIDER BUYING
QUST Management and Ladenburg Thalmann management (Corsair Parners)
recently bought 13% of the outstanding Preffered shares:
For the Account of: Transaction Transaction
Number of Shares Price Per Share
------------------- ----------- -----------
---------------- ---------------
Corsair Partners 8/5/97 Purchase
7,900 $7.8125
Corsair Partners 9/2/97 Purchase
7,900 $8.06
Corsair Partners 9/10/97 Purchase
7,900 $7.56
Corsair Partners 9/23/97 Purchase
31,000 $7.8625
Corsair Partners 9/24/97 Purchase

31,000 $7.9819
Corsair Partners 9/25/97 Purchase
23,700 $8.2058
Corsair Partners 9/26/97 Purchase
7,950 $8.685
Corsair Partners II 8/5/97 Purchase
2,100 $7.8125
Corsair Partners II 9/2/97 Purchase
2,100 $8.06
Corsair Partners II 9/10/97 Purchase
2,100 $7.56
Corsair Partners II 9/23/97 Purchase
9,000 $7.8625
Corsair Partners II 9/24/97 Purchase
9,000 $7.9819
Corsair Partners II 9/25/97 Purchase
6,300 $8.2058
Corsair Partners II 9/26/97 Purchase
2,050 $8.685
edgar-online.com

* ACQUISITIONS
In September 1997, the Company acquired 100% of the issued and outstanding
capital stock of California Fasteners a privately owned a fasteners and
related products distribution business with locations
in Anaheim, CA, San Diego, CA and Phoenix, AZ.
quicken.excite.com.
9231/503.htm

In September 1997, the Company purchased the net operating assets of Power
Components a privately owned distributor of lithium batteries.
quicken.excite.com.
9051/236.htm

In June 1997, the Company acquired 100% of the issued and outstanding
capital stock of Integrated Material Systems a privately owned distributor
of fasteners based in Scottsdale, AZ.
freeedgar.com.
d=&CompanyName=QUESTRON_TECHNOLOGY_INC&CallingPage=ViewTearSheetContent&Sour
cePage=CompanyList&FrameFlag=1

On March 10, 1997, the Company acquired 100% of the stock of Comp Ware
Distribution a privately owned company.Webb is a fastener and electronic
hardware distribution business serving the New England market.
freeedgar.com.
d=&CompanyName=QUESTRON_TECHNOLOGY_INC&CallingPage=ViewTearSheetContent&Sour
cePage=CompanyList&FrameFlag=1

*OTHER
The Company's alternative dispute resolution business was sold as of June
30, 1997.

WARRANTS: Exercisable at $5.75 effective March 98 but redeemable by the
Company if the common's share price remains above 8 1/2 for 20 consecutive
days.
quote.yahoo.com

PREFERRED: Convertible into 1.4375 shares of common March 98.
quote.yahoo.com



To: Esteban who wrote (4133)11/28/1997 5:39:00 PM
From: Linda Kaplan  Read Replies (1) | Respond to of 4701
 
Cool, Esteban. Just one point, though? I thought that should have been worth at least 5 points.

Thanks for alerting me that the 56 sold ATPX. Somehow I heard the buy recommendation a thousand times, but never heard the sell recommendation at all. I wasn't able to read the boards for a couple of days. They sold at 13-3/4 and by the time I heard about it, it was down to 13. I think will wait for an up-blip before I bail on that one. I took pretty big losses on CADE, BOSCF, BDLS, CLHB, and generated enough cash to get me through the crunch. So I'll wait till tax selling season is over before I dump any more at losses -- if I can. It might improve in January.

I've been loading up on BCMD and VLSI, and also had AIM buys on GEMS and GENZL.

Linda