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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (583)	12/20/1997 10:27:00 AM
From: lostmymoney	Read Replies (2) \| Respond to of 2377

Doug, please check out Fedders (FJC,FJA). They are expanding into Asian market which will take this one out of the seasonal market into a yearly market. They are forecasting overseas business to bring in 450 million by 2001. May become a 1.1 Billion company in 4 years, up from 314 mil last year. 36% growth rate a year. It is trading at 15 times the rock bottom 40 cents a share it earned last year. Companies pre-tax operating cash flow was 45 mill, which means it is trading at just 6 times trailing cash flow. Also pays a dividend. Class A stock (FJA) 19.4 mil shares has a higher paying dividend, no voting rights, and is convertable into common stock (FJC). Your research will be appreciated. Mike