Stockchase Opinions

Benj Gallander Sodisco-Howden Group SOD-T TOP PICK May 30, 2003

(Was a top pick on Dec 23/02. Up 35%) Still likes. Bought at $1.25. Lost money because of costs of acquisitions of Marchands Unis and Ace Hardware
$1.750

Stock price when the opinion was issued

specialty stores
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BUY
New acquisitions held back their profitability. Should be some nice revenues coming in.
BUY
Revenues have gone up. Good management. Housing market could be a problem if it tails off.
BUY
Still has a lot of potential.
TOP PICK
Stock has moved up sharply. Brought in an investment banker. Looks like they're going to maximize shareholder value. Probably looking for a merger. Wouldn't buy, but treat as a hold.
HOLD
Have a sell target of $4.74 but with a possible merger or takeover in process, doubts if it will reach that target.
HOLD
Expect they could be acquired or merge with someone else. Expects an announcement soon.
WEAK BUY
The biggest thing with this company right now, is there going to be a takeover? They indicated they were interested 8/9 months ago but nothing has happened. Past quarter, earnings were great.
BUY
Good company. Could be a takeover target.
HOLD
Company was up for sale, but nothing happened, so it came off the market. Earnings have increased, controlling their debt, have digested a couple of companies in the last few years.