Culp, Inc. (NYSE:CULP)

WEB NEWS

Wednesday, February 17, 2010

Research

GeoTeam removes CFI from GeoBargain on the Radar List

  • Coded as GeoSpecial on the Radar on 12/7/2008 at $8.50. See alert.
  • Issued a trading alert on 2/8/2010 at $11.50. See alert.
  • Current Price: $15.88

We are removing CFI from the GeoSpecial on the Radar List and cashing in on our positions initiated on February 8, 2010. The stock's price elevated much faster than we had anticipated and with a P/E of 15 on 2010 EPS, it seems fairly priced in the short-term. We will continue to monitor CFI as the company has been smashing analyst estimates.



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