Phil SmithCelestica IncCLS.TOWAITMar 14, 2001

Our PAST TOP PICK with CLS has triggered its stop at $32.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 70%, when combined with our previous recommendations.  

Our PAST TOP PICK with CLS is progressing well.  To remain disciplined, we recommend trailing up the stop (from $26) to $32 at this time.  

Our PAST TOP PICK with CLS is progressing well.  To be disciplined, we recommend trailing up the stop (from $20) to $26 at this time.  

Our PAST TOP PICK with CLS is progressing well.  To remain disciplined, we recommend trailing up the stop (from $17) to $20 at this time.  

Our PAST TOP PICK with CLS has reached its $20.00 target.  To be disciplined, we recommend covering half the position at this time and trailing up the stop (from $15.50) to $17.00 at this time.  

Our PAST TOP PICK with CLS is progressing well.  We now recommend to trail up the stop (from $12.50) to $15.50. 

Trading at 9x earnings, under book value, and with expectations of 25% annual earnings growth by analysts over the next five years, this Canadian leader in cloud based supply chain services is a TOP PICK.  The company has been prudently using some cash reserves to buy back stock and retire debt.  We recommend a stop-loss at $12.50, looking to achieve $20.00 -- upside over 30%.  Yield 0%