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jasonak

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Alias Born 12/30/2004

jasonak

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Tuesday, 04/19/2005 4:39:45 PM

Tuesday, April 19, 2005 4:39:45 PM

Post# of 33753
CGCP
I added another 5k at .50 today. I think they can net $3m in 2005 putting the forward PE at 6.3. My 12mo. price target is $1.80. On the negative side the future write-offs due to the $ acquired last OCT is not quantifiable. The loan payback is going to cost about 350k per quarter....but the write-offs are unknown.

I am gambling that CGCP has turned the profit corner this year...based on last quarter's big numbers. If it wasn't a one quarter wonder then this stock could easily triple over the next year.
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