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Francois+Goelo

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Francois+Goelo

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Re: Joe Stocks post# 6143

Sunday, 06/09/2002 4:44:20 AM

Sunday, June 09, 2002 4:44:20 AM

Post# of 25232
>>> Joe, CLHB... I have followed the stock...

since around $6.00, its climb to $15.65 and subsequent descent to around $7.50, when a competing offer appeared... The financing and insurance appear to be in place and the bid is now the only one being entertained by Safety-Kleen...

http://biz.yahoo.com/bw/020531/312075_2.html

CLHB Management seems serious/conservative and the company's fundamentals are decent with only 12 million shares outstanding and low price/sales ratio of .60... On completion of the deal, CLHB would become the leader in Waste management in the US and as such, is probably worth a premium... Near term, I expect the stock to return to the $14.00 range, where it was prior to the precipitous drop and should eventually edge up from there...

http://biz.yahoo.com/p/c/clhb.html

Other high quality stocks worth watching, IMO: MTEC and RSC...

Only invest what you can afford to lose with a smile...

JMHO, F. Goelo + + +

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