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Post# of 173737
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tmcal6

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tmcal6

Re: None

Friday, 08/26/2005 11:59:12 AM

Friday, August 26, 2005 11:59:12 AM

Post# of 173737
CHAR.ob

Sold off to the $5.50 area in first 30 minutes this a.m. but has recovered already to the $5.90 area. CHAR is not "frothy", it is just beginning to approach fair value. Earnings increased from $.10 in Q1 to $.17 in Q2 and could be $.23 to $.25 in the current quarter. Even though the company has not indicated it is applying for an exchange listing, I think they could surprise everyone. CHAR could easily trade at $8-$10 by yearend.

Tmcal6
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