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

To: LastShadow who wrote (89)	8/30/1998 5:11:00 PM
From: Dave Baker	Read Replies (1) \| Respond to of 43080

Let me invite all of you to examine the prospects of Gradall (GRDL), a company in New Philadelphia, Ohio, that manufactures earth moving equipment. It is VERY thinly traded, so I would advise caution in placing buys and sells, steering away from market orders. GRDL has enjoyed good growth in earnings and revenues since going public around a year ago. I also have learned from a fellow who works there that they have been working 10 hours/day, 6-7 days a week to keep up with the order backlog. Gradall's P/E is currently under 10 and appears to me to be a good bargain. I would suggest this as a place to park some bucks for some long term capital gains -- I do NOT consider it a quick trade. Dave in KC