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To: Ron McKinnon who wrote (19428)	3/4/1999 9:18:00 PM
From: Richard Query	Read Replies (2) \| Respond to of 53068

WHX Ron I would watch for an increase in volume to jump in. May well have bottomed here but little or no interest in steels right now. If you want to stick some in your long term account this level looks great to me. They have dealt with there underfunded penson and should spinn off the steel business somewere down the line unlocking there cash hoard for higher growth oppertunities.

To: Ron McKinnon who wrote (19428)	3/4/1999 11:56:00 PM
From: DanZ	Read Replies (2) \| Respond to of 53068

CURE. Ron, I looked at the financial statements and earnings estimates on CURE, and you are right, it looks like a gift. They are highly liquid (current ratio of 6.2 x), have a reasonably high ROE of 21% and very high net margin of 16%. Trailing PE only 8.5 x, $5 per share in cash and no debt. Forward earnings estimates...they are projected to earn $1.57 this year and $1.84 next year. Their expected five year growth rate is 24%. They consistently hit the analysts estimates so I don't see why one should expect them to miss the estimates in the future. The mean estimate is only down 3 cents in the past 13 weeks and that's not enough to account for the big drop in the stock. Their costs have remained a fairly constant percentage of sales and account receivable collections look good. They are controlling their liabilities well and growing equity steadily. The PE has ranged from about 15 to 30 over the past three years and it is way below the bottom of that range now. Sales growing 30%, earnings growing 40%. As a result of the recent weakness in the stock, the Board authorized the repurchase of up to 2 million shares on February 18 and they announced that they completed it on March 3. Wow, that was quick! I don't understand why BT Alex Brown cut the stock from strong buy to buy on February 19 since they met the earnings estimate. I don't see any news to account for the drop. I can't find anything that accounts for the big decline in the stock and this looks like an excellent buy and hold. The stock appears to be basing on the chart as well. Unless the market knows something about the future of this company that I'm not seeing, I see no reason why the stock won't trade back to 30.