Helen of Troy Ltd (HELE) Message Board

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Non-Tech : Helen of Troy Ltd (HELE)

HELE 19.47

+1.3%

3:43 PM EST

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To: Rambi who wrote (59)	12/28/1997 6:28:00 PM
From: Chris Nevil	Read Replies (1) of 295

Penni, Peter, I've been long HELE for some time and am obviously rooting for your positive scenarios to play out. But I think it should be noted that the Scholl's production problems, while the most significant contributor to the estimate shortfall, were not the only issue. HELE has had temporary displacement at a couple of drug chains due to mergers. The west coast port shipping fiascos caused by Union Pacific's problems caused HELE some grief getting Christmas goods where they needed to go. Then there's the unknown impact of a generally lackluster retail quarter. I join you both in hoping for the best but am steeling myself to try to look beyond whatever ends up being reported next month. I am also a bit surprised that there's been no news of HELE resuming or relaunching a share buyback at these depressed levels. When I've asked the company about this they have not committed to any particular plan but have duly noted that the company has bought back stock more than once in the past. Their most recent buyback program is still in effect with some shares as yet not purchased. They could announce the fulfillment of that plan, presumably, without Board approval. Regards, Chris

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