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Non-Tech : Rubbermaid (RBD)

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To: Todd King who wrote (12)9/19/1997 2:46:00 PM
From: Wallace Rivers   of 45
 
To all on this thread: you probably know that RBD preannounced today (considerably light of expectations). Stock surprisingly strong (down nominally). Probably, people feel that this might be the catalyst for the co. to do some more serious cost cutting, restructuring, even consider "strategic alternatives". This co. has been dead money or underwater $$$ for several years as the bull has roared. Frustrated institutional holders will probably start exerting considerable pressure, and the board may now feel further pressure to act decisively.
Good luck to all.
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