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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: the options strategist who wrote (9507)1/20/1999 9:33:00 PM
From: Herm  Read Replies (3) | Respond to of 14162
 
CENT
CENT ranks #5 in the home improvement and warehouse business after
the likes of Home Depot, Lowes, Eagles, and Scotts. CENT's 25.5%
annual growth rate and bargain basement P/E of 10.6 is a steal.

NASDAQ: (CENT : $16 1/4) $453 million Market Cap at January 20, 1999
Trades at a 77% Discount PE Multiple of 10.6 X, vs. the 46.0 X
average multiple at which the Home Improvement & Hardware SubIndustry
is priced.

The open interest on CENT is light and CCers should be careful. CENT
just recently made a new bottom and this bounce may be only a
technical one before a retest of that bottom and then party time!
There is more upside potential on CENT than downside for sure! This
stock should be selling at $35 for sure!

Good one Jen! I will have to put this one on the watch list along
with FLC. $1.50 EPS in 1999 x a P/E of 20 would generate 1.50 x 20=
$30 min. fair value stock price. Hey, 100% gain is not hard to take!

iqc.com