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Gold/Mining/Energy : Signature Brands Ltd.: (SBX:TSE) SGNTF -- Ignore unavailable to you. Want to Upgrade?


To: TERRY McCartan who wrote (235)4/17/1999 2:39:00 PM
From: Mr. Oil  Read Replies (2) | Respond to of 776
 
The time to accumulate SBX is now Terry. The deal with CD Plus.com looks better than the day they announced it yet the stock is trading at almost a third of its high. The thing we should all remember is that SBX has cash about $2,000,000 plus and CD Plus.com are making money now with growing the business through the internet their prime objective. The stock seems to be setting a new low of about 30 cents and the upward momentum gathers to the stock with any good news at all. Last NR gives you the picture. I feel comfortable with accumulating this as a SPEC play and would hope that when the deal is inked this one will fly to at least $1.00 to $2.00. I am trying to be conservative here so don't expect me to hope for $50 short term. This is an Internet entity with a store front business. BII doesn't even have that!

Ray