SLE- Sara Lee Message Board

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Non-Tech : SLE- Sara Lee

SLE 0.605

-3.8%

Dec 26 9:30 AM EST

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To: Greg Butcher who wrote (9)	8/25/1999 5:05:00 PM
From: Neil H	Read Replies (1) of 41

Just read MSDW report on SLE Rated outperform with target of $26 Good defensive stock Wrestled with major product recall and commodity driven pricing. Cash flow is strong SLE trades at significant discount to coverage group 17.5 PE vs 21.1 Operating margins contracted in every division except Foodservice. 5 year est. growth. I haven't bought yet but advised my father who doesn't like risk , but wants more than money market rates, to buy. Regards Neil

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