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Microcap & Penny Stocks : Cade Industries -- Ignore unavailable to you. Want to Upgrade?

To: Hunter Vann who wrote (3008)	7/27/1998 5:41:00 PM
From: Ditchdigger	Respond to of 3563

Still holding,and still looking for 5 on Feb.15th...<g>..DD

To: Hunter Vann who wrote (3008)	7/27/1998 5:55:00 PM
From: Bald Eagle	Read Replies (3) \| Respond to of 3563

I'm still holding and I don't have a stop loss. I've been burned too many times by them before. Of course, I've been burned by a stock dropping over 50% before as well. Can you give me any fundamental reason why the Cade prospects are not still good? Over 100% growth in earnings last quarter, the backlog is still building. They have a new deal with Rolls Royce for $8MM which could lead to much bugger numbers. Last time I was in Cade, I watched the price go from above 3 to nearly 2 and back up to above 4 ( when I sold). I'm holding a lot more this time around at 3 1/2, but I'm not bailing out. Cade should earn about a quarter or more per share this year. Even at $5 per share, that's a P/E of only 20 for a company that's improving earnings at close to 100% per year! OK, I just convinced myself to keep holding. How about the rest of you?