Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : Candies (CAND) -- fast-growing footwear and apparel brand -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (38)	8/28/1998 10:26:00 PM
From: MIKE	Read Replies (1) \| Respond to of 103

James, Good move... Candies is truly undervalued at 6.125 This price is a reflection of the panic selling in the market due to the instability in the foreign markets. Two weeks ago, after doing extensive research on Candies fundamentals,I bought 15000 shares at 6.875, and have kept Tums in business since. We may see further lows next few weeks, as Candies was down as low as 5.50 today. But I'm convinced that when the money in this market begins it's search for value and level heads begin to buy based on company fundamentals rather than by fear or emotion, we will see Candies surge ahead into a $10 to $12 range. Their earnings and sales are there, the marketing is great, acquisitions are growing the company, no reason not to hold on to this stock. Fasten your seatbelt, when this one takes off, it's going to be a rocket! Just wish I had the cash for another 15000 shares. Patience is a virtue. - MIKE