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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (2928)	4/10/1998 11:36:00 PM
From: andy steele	Read Replies (1) \| Respond to of 29382

Thanks for the warm welcome to your thread! As for CADE. I sold CADE on the last run up. I still like CADE but selling pressure is coming in. Molly Cade is selling a boat load of her shares(She owns about 4-5 million shares) and this will have a negative affect. On the good news side, on march 4 cade announced 7.5 million in new orders Backlog is now at around 81 million. 4Q was .03 cents compared with .02 for 1996. I think cade will go as low as 2 5/8. I don't see it going back to 2 7/16 but with Molly Cade selling one never knows. Im going to watch it this week and see where it bottoms out. Cade will be a good climber but dont think its going to make us rich. Thanks for the AMVC notes from last year. It's a big help. My last great timing play was AND. Bought at 16 and sold at 23 5/8 in about a week! To bad I didnt put the farm on it :( Hope the CADE info helps. Adios Amigos ANDY