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Non-Tech : USA Detergents (USAD). A Table Pounding Buy...

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To: Greg Ballinger who wrote (39)4/25/1997 1:28:00 PM
From: Rob Bonner   of 143
 
Hi all:

Not a good feeling in the bottom of your stomach this morning! I called the company but was not able to get through to Mr. Horowitz but was told that earnings would not be announced for some time. I then read back through my notes and unless there is some new horror story unfolding, will assume that investors are dumping this issue due to fear or 1Q earnings disappointment resulting from the recent management reorganization stemming from rapid sales growth and the problems this company has experienced in going from one to multiple production facilities. They have said that new people and systems are in place to manage this growth and return to past margins. I don't think that revenues or demand were ever a problem. I bought more shares and figure on holding this for a year or so. Good luck!

Rob
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