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Stocks C / CMI Corporation


Subject:  Re: The Price is Almost Right Date:  9/22/1998  12:00 PM
Author:  ancel Number:  13 of 15

This stock is very thinly traded. Short-term swings can be exaggerated. And, remember, this company has not demonstrated that their costs are under control and they can achieve good earnings. They have announced that they are on tract for $.50 earnings this year. If earnings do not grow, this is a $6.00 stock. If they can capitalize on the road bill with increased sales, achieve 5% margins and, perhaps, earn $.75 in 1999, then the stock should move up to $11-12. That would be a 100% move in a year when other stocks could be going down. It is a good story with a fair chance of happening, but the money is not yet in the bank.

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