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Non-Tech : Hancock Fabrics (HFK)

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To: Mike O'Hearn who wrote (2)1/12/2000 7:09:00 PM
From: Terry Maynard   of 5
 
I noticed them about a year ago when they were yielding 6 to 7%. And I liked the business they were in from a contrarian standpoint. Fabrics and sewing would offer a good offset to the high tech stocks I had. I never could get my self to buy then; now, the company appears more attractive in price. Whether and when it will recover is the question I am trying to answer. In a bear market, this may be a good defensive stock that could appreciate IMO.
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