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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (18428)9/15/2004 3:04:43 PM
From: Paul Senior   of 78576
 
I'll up my position in Steiner Leisure now.

Very good profit margins, return on equity. Reasonable p/e & okay rev. growth. (All, imo.). Awful lot of persistent insider sales though . And company is controlled by an insider family.

Spa business on cruise ships should do okay - cruise business has picked up. OTOH, several ships have decided to provide their own spa services and not outsource to Steiner.

Some further observations in this positive Motley Fool article:

biz.yahoo.com
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