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Non-Tech
Chicago Title
An SI Board Since June 1998
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Emcee:  NASDBULL Type:  Unmoderated
Introduction Compact
Chicago Title has been a subsidiary of Allegheny Corp (Y) trading on the NYSE around $350/share. Chicago Title is the nations largest title and escrow company.

Chicago Title contributes over 70% of Allegheny's revenues and profits each year.

Now is our chance to cash in on a pure play. Chicago Title is being spun off from Allegheny sometime this week under the symbol "CTZ" on the NYSE. I'm pretty sure on Monday, June 8 it will begin trading and later in June it will be officially spun off.

Chicago Title is having one of its best years since the early 90's and should exceed all expectations this year.

Management is stronger than ever and I'm looking for CTZ to increase its market position and continue to dominate the Title and Escrow industry.

This is not a traders stock. I'm looking for the stock price to be in the $100's, but this one is a safe investment for your IRA, 401K, SEP portfolios.

NASDBULL - Matt
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