Centennial Communications Corp. (CYCL)
The Company provides wireless communications and broadband services in Puerto Rico and wireless communications in the United States.
Recs
One word:
ARBITRAGE
Recs
This is an arbitrage situation. If the regulatory hoops can be negotiated, AT&T will be purchasing this company for $8.50. The purchase will be completed for cash and is expected to take place in the next quarter.
Part of my reason for making this pick is to see how CAPS will treat a cash buyout in scoring. However, a nearly certain12% gain in less than three months has me making the purchase for my portfolio.
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Institutional ownership Increased in last year.
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Oversold for years.
Great place to be doing business.
I look for a solid recovery this year and 2008.
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Room to run
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Business improving

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