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Non-Tech : Hancock Fabrics (HFK)

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To: Terry Maynard who wrote (1)1/12/2000 6:07:00 PM
From: Mike O'Hearn  Read Replies (1) of 5
 
I got interested in Hancock when they bought out the Northwest Fabrics store here in town and closed their Minnesota Fabrics store. Then there was some insider buying about six months ago at I think $7 per share which really got my attention.

They've spent a bit of money on buyouts and remodeling, and seem to be able to generate cash, so that's good.

The store here in town is having a great quarter, but I'm not sure that applies to other stores in the region. A few other intangibles at this point that I need to flesh out a bit.

What got you interested in HKF?

Glad to have someone reply. It was just on a whim that I decided to start this thread.

Mike O.
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