yo, i'm right here. this one's looking better and better everyday: market growth potential in several directions, great capitalization and internal capital resources, focused in a narrowly defined field that the company is expert in, cheap labor, product backed by force of law and a healthy dose of fear, huge international market potential, stellar marketers, 31% ROE, and no long-term debt!
and if you're a canslim devoutee, it fits it to a t.
need we say more? perhaps not. let's keep this morsel all to ourselves.
i browsed the aohell board's on my old man's account and found this post:
10/14/97 - Investor's Business Daily
Powder-free gloves are now the fastest-growing segment of the exam-glove market. Analysts say the gloves could command 60% of the exam-glove sales by 2000, up from about 30% today.
Safeskin controls more than half of the $160 million powder-free market. Its closest rival is Allegiance Corp., with a 14% chunk.
The company sells powdered gloves too, but powder-free products make up 70% of annual revenue. Sold in boxes of 100 pair at eight cents a pair, powder-free gloves also have higher profit margins than powdered gloves, which sell for just four cents a pair.
"We typically sell at a premium to competitors, but because of high quality, our products are in high demand."
"We're still selling powdered gloves, because everyone hasn't converted yet."
"Gloves can be made 40% cheaper in Thailand than in Malaysia." |