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This company sells is engaged in the manufacture of semi-precious cutstones and the design, manufacture, merchandising and wholesale distribution of gem-set jewerly for fine jewelry chains, department stores, television shopping networks, catalogue, showrooms and other high volume retailers. Some of it's clients are QVC Network, Inc., Simon Golub & Sons, Inc., and Service Merchandise Company, among others. The company recently announced that it would launch it's own internet web site with which to sell jewelry direct. The company makes money, by the way, EPS is .86 for the last 4 quarters. The price to earnings ratio is roughly 7 and the stock price closed at 6 1/4 o the bid and 6 3/8 on the offer. You should do your own due diligence on this one and remember there is always risks associated with owning any stock. |