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To: pz who wrote (13974)4/14/1998 12:54:00 AM
From: Stephen McCullough  Read Replies (1) | Respond to of 53068
 
Chat GYMB,

Downgraded by two analysts in past few days from accumulate to hold. I bought some on Friday at 20 7/8 and sold it for +1/2 before close. Bought it again today at 20 7/8. It closed at 20 5/8. This one has historically been a good buy near 20. Usually comes back fast. No bollinger support, just looking at historical trends. May be good one for the master flipper, Ron.

Cheers,

Steve



To: pz who wrote (13974)4/14/1998 11:38:00 AM
From: Fred Mussler  Read Replies (1) | Respond to of 53068
 
Chat Stocks;

Hi- Paul. I've been away for a week- Just stopped into Kinkos Office Supplies in Raleigh.

Wanted to get into the stock contest if I can . I remember Ap 15 - hope that is correct.

I want:

1. WAVC - done good with that but it'll go higher i think

2. SFSK-

3. BTJ - forget if we get two or three.If only two leave this one out.

Hope you held BTJ and got it - went up, good while I was away.

Good Hunting!!

Fred.



To: pz who wrote (13974)4/18/1998 9:45:00 AM
From: Ron McKinnon  Respond to of 53068
 
Paul CNXS

one of your dogs from way back
still a dog
a much bigger dog

but:

as of last report sales down, earnings down to nil from previous profits
operating loss
only reason for breakeven was interest income

sales of 30 strip boxes are holding up
suggestion that "regular" users continue to buy
but, new trials are way down
advertising is ineffective

new Pres as of 3/30, Pillsbury background

closed Fri at 4.68

book 4.04

cash of $64mm
A/R and Inv of $15mm
Total debt of $6MM
20mm shares

so net net cash per share of $3.15

essentially you can buy the operating company, the name, patents, etc for about a buck a share

the bet is that you buy it, put it away for a year or so
hope (bad word for investing gg) that they find a way to turn this thing around; develop a new product, or get bought out