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Strategies & Market Trends : Wire to Wire Daily Stock Picking -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Fortune who wrote (376)5/26/1999 10:56:00 PM
From: Jeffrey L. Henken  Respond to of 3514
 
CRGI - Mr. Fortune - small float? - .35 - Breaking out!

I believe you are right Mr. Fortune. On only 195,000 shares today the stock was up 66%. The questions that come to mind are why, and what make this a breakout that will see further gains? Here is the last daily:

quote.yahoo.com

And the last press release from May 10th:

Creative Gourmet Receives Best Show In 1998 Awards Of Americas

FORT LAUDERDALE, Fla., May 10 /PRNewswire/ -- ''We are extremely pleased that our signature brand Randallo's received best of show in 3 categories and has won 6 awards of excellence at this prestigious event,'' commented Sam Rubin, CFO of Creative Gourmet (OTC Bulletin Board: CRGI - news; CRGI). ''The awards were for best Keylime Pie, Tiramisu, and our Cheesecakes as well as some of our other desserts.'' The Awards of Americas is co-sponsored by the American Culinary Institute and the American Tasting Institute. The judging panel is made up of over 30 top chefs from every major city in America, including chefs from 5-star restaurants. The show takes place in San Francisco once a year.


biz.yahoo.com

Thanks, Jeff