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Non-Tech : Vlasic Pickles - (NYSE: VL)

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To: EL KABONG!!! who wrote ()8/22/1999 6:02:00 PM
From: RockyBalboa   of 7
 
The moet fools had a bit out on Vlasic some time ago:

fnews.yahoo.com

HOW DID IT FIND TROUBLE?

Mmmm, mmmm, bad! Campbell Soup (NYSE:CPB - news) spin-off Vlasic has gotten itself into a pickle this year. Despite being a debt-rich and growth-poor entity, Vlasic managed to maintain shareholder attention for the first nine months of its publicly traded life.

Then the pickled cucumber went sour. With yield problems at the foodmaker's mushroom farms and its Swift-Armour canned meat division in Argentina facing harsher country taxes, optimism flew away like the Vlasic stork in overdrive.

Vlasic had two household brand names -- its namesake pickles and the Swanson line of frozen entrees -- and each product line commanded about a third of its respective market. But when shoppers get antsy, a company's growth prospects can go stagnant -- and that can cause investors to head to the express lane to check out quickly.
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