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Non-Tech : Pillowtex Corp. - PTX

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To: Mike MacNaughton who wrote (8)11/4/1999 4:41:00 PM
From: Return to Sender  Read Replies (1) of 27
 
Pillowtex Corporation, with annualized sales in excess of $1.5 billion, markets and manufactures home furnishings for the bedroom and bathroom under such industry leading brand names as ROYAL VELVET®, CANNON®, FIELDCREST®, CHARISMA®, TOUCH of CLASS® and ROYAL VELVET BIG and SOFT®. In addition, the Company also produces products under the licensed names of RALPH LAUREN and WAVERLY®. Pillowtex Corporation operates a network of manufacturing and distribution facilities in the U.S. and Canada with approximately 14,000 employees.

I recognize every name on that list.

I'm in today with my first purchases at 5 1/8. I got bit by the run. Hopefully tomorrow it will look cheap. If not I can always average down as you and others have done. It is hard to imagine PTX going out of business. Since we cannot fathom that happening... it only stands to reason that better days may be coming...

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