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Non-Tech : Gargoyles (GOYL)
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To: hammer who wrote (27)6/28/1999 10:01:00 PM
From: Due Diligence  Read Replies (1) of 103
 
Spent some of the weekend reviewing the filings on GOYL,including the last annual report. Guess the new CEO is "cleaning house". That seems to be his forte. He has been appointed in the past by the courts to turn-around a couple of other companies and bought them out of chapter 7. With Reducing the number of employees by half, getting rid of un-profitable locations, changing to channel distribution, and starting to turn a profit, seems like positives to me. Have taken a position and await the next financials.
Kind Regards,
DD

freeedgar.com

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