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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (2722)8/26/1998 6:25:00 PM
From: James Strauss  Respond to of 59879
 
CAND...

Mark:

CAND has a very favorable PEG rate...

"Income before income taxes increased 101% to $7,267,000 from $3,418,000 in the prior year. Net income increased 46% to $4,417,000 or $.27 per diluted share, from $3,018,000, or $.23 per diluted share as restated, in the prior fiscal year.

Included in the prior year's six month net income was a $900,000 tax benefit, or $.07 per diluted share as restated, as a result of a reduction in the valuation allowance of the Company's net deferred tax assets. Excluding such tax benefit, net income would have been $2,118,000, or $.16 per diluted share, for the six months ended July 31, 1997."

With .27 eps for the first 6 months, things are looking very good because these numbers don't include the powerful Back To School and Holiday (Xmas/Chanukah) sales... So, it's not unreasonable to blow those .50 full year estimates out of the water...

You may be chasing it as it zooms past 8.00... : >

Jim