SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : CML group - large investors are in -- Ignore unavailable to you. Want to Upgrade?


To: Jatin Kadakia who wrote (57)6/11/1998 10:01:00 PM
From: KEN  Read Replies (1) | Respond to of 109
 
My (educated) guess.......break CML into to publicly traded companies. Reduce the outstanding shares for both companies. If a reasonable offer is out there for NT then take it. If not downsize till it is likely to be profitable. SH is a growth stock. Ideally we'll all be left with Smith and Hawken stock and receive a one time dividend or cap gain/loss distribution for NT. Problem is NT is a has truly great equipment and name......but was mismanaged the last couple years. A fire sale of that company would not be good for anyone. Smith and Hawken could be a great stock with a market cap of 200 million plus on its own. Up until recently CML did not disclose the numbers of that company. Its obviously has huge potential. A sale of that company would have to be at a projected market value for shareholders to be happy........the next 3 years will be the best ones for Smith and Hawken. At the very,very, least. The could pack up shop liquidate everything and sell the NordicTrack name. That should fetch 1 1/2 to 2 dollars a share......Then leaving us with Smith and Hawken. The sooner we get Charles M. Leighton's initials off the name of the company, the better. (I have no inside info.....but I have talked to management extensively).