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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Due Diligence who wrote (383)	8/18/1998 2:49:00 PM
From: lib	Respond to of 7247

With the market somewhat back in order, I'll suggest another off of the Toronto Stock Exchange. NTL is currently up to 83 which is the mark I said it would hit, but a few days later than anticipated. Symbol YF.a - or Yogen Fruz. Company yesterday issued a release stating that a share buy back plan would go in effect next week to remove 10% of the current float. CEO stated in a nutshell that given such strong consistent earnings, stock is currently very cheap, and they are wishing to give back to the shareholders. Globe and Mail issued end of the year target at $16.50. 3rd quarter report to be released next month and it is anticipated that eps will climb well beyond analysts' expectations. The 3rd quarter is usually their strongest quarter. 52 week high - $14.50 and low is $8.80. Currently trading at $10.20. Prediction for 2 weeks to 1 month - $12.50-$14.40. Somewhat of a position trade here, which can also be a very nice long term hold. Yahoo is not up to date with regards to current news. Suggest trying canada-stockwatch.com