To: J. Nelson who wrote (3239 ) 1/15/1999 9:41:00 AM From: DablocTrader Read Replies (1) | Respond to of 15987
Check this out people - CAGI - this am: from MarketLine (stocktalk- 281-531-1884) This week we are breaking ground and doing something new for the New Year. We are issuing our, first ever, strong buy rating. Strong Buy: Carnegie International (CAGI) 4 5/8 bid, 4 23/32 ask, traded on the OTC Bulletin Board. When we first began to look at CAGI, it was trading somewhere around $0.45 per share and had a daily volume of between 35K - 70K shares per day. Now, after a slew of recent press announcements, the price and volume are up considerably. We have profiled this stock many times, and yet, have never issued a buy rating on it until now. Why now? Here's the answer. immediate future (we feel mid-Feb should see this high volume stock listed). 2) We feel earnings are going to be up several hundred percent over last year. (We are expecting somewhere between $0.16 - $0.21. We also expect 3) ROMNET acquisition places this company in the big league. (ROMNET provides Internet services, web hosting, and tech support for companies like Yahoo. In addition to Web page building and ISP packages, ROMNET also provides hardware and software solutions. While this stock has "never" been lumped in with other Internet stocks, we believe that time is coming to an wise, than the Internet companies themselves, and those stocks have not hit Wall Streets radar yet.) 4) Acquisitions: We believe strongly that there are several on the horizon. This company went from $8M in net assets in 1/98 to over $24M in net assets by the year end. We see CAGI well over $100M in net assets before the end of the 2Q99. 5) Trading volume: This is one of the highest daily volume stocks on the OTC Bulletin Board. Liquidity is the key here, you "must" have it to succeed. 6) People like this stock, while we never post in chat rooms or bulletin boards, we certainly monitor what goes on there, looking for investor opinions and general feed back on how a CEO is doing. On a one to ten rating, CAGI and management get an 8 (our opinion). These guys are some of the best we have seen. 7) This a little company that wants to be bigger. Any time you strive to be more than you are, you are going to stand out. Congratulations