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

To: Doug R who wrote (7758)	8/16/1998 4:44:00 PM
From: Sergio H	Read Replies (3) \| Respond to of 29382

Doug, thanks for the technicals. On the two stocks that you asked me to look at, FRNT and CGPI, the latter looks to be much more explosive. FRNT successfully completed a secondary offering of 4.4 million shares at $3.25 in April. July earnings were 50% positive surprise. Load factors are better than last year's numbers. Cost cutting measures appear to be successful. They beat out arch enemy WPAC and are now in competition with UAL. They don't intend on allowing the bigger co. to beat them out. On the negative side, take a look at an Airline sector chart. FRNT has been ahead of the sector. Second half of year earnings are lower than first half. CGPI is awaiting FDA approval for Periostat and already has marketing arrangements. The co. is well funded and has other drugs in the pipeline including Nephrostat, for the treatment of diabetic complications. This stock could be a huge winner. Sergio