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


To: MechanicalMethod who wrote (3092)8/6/1998 10:15:00 PM
From: MechanicalMethod  Read Replies (1) | Respond to of 3563
 
It would be great if CADE would pay a .01 quarterly dividend. That's $400 annually on 10k. Insignificant, but indicative of positive earnings, and would definitively separate CADE from the rif-raf that never has nor will have positive earnings.

I believe it is unrealistic and do not expect CADE to pay dividends. I personally prefer CADE to reinvest earnings in future growth. The purchase of Central Engineering in 11/97 was awesome. I applaud management for this.

What is really kewl about CADE is that earnings have reached the level where last quarter generated 1.1 million net. Mr. Lund, Mr Sandford, et all, are now positioned to utilize these awesome amounts of money coming in quarterly to purchase kick a$$ complimentary businesses. Vertical and horizontal expansion within the aerospace sector is the most efficent use of earnings.

CADE is doing an excellent job of becoming a dominant force in aerospace, and obviously is not going to settle for anything less than that. Order backlog and annual revenue is approaching 100 million.

osci