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Strategies & Market Trends : Value Investing

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To: PitBull who wrote (3788)4/10/1998 9:11:00 AM
From: Ron Bower   of 78679
 
Sunbeam might be worth a look.

An IPO called Global-Tech Appliances (GAI) has signed a four year deal with Sunbeam to be the sole supplier of select products. Company is HongKong based with China manufacturing. Don't really care for GAI because of the one customer concentration, but they will put out product at much lower costs than US based Sunbeam manufacturing and this could result in good Sunbeam profits going forward.

Ron
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