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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: kurt aichler who wrote (6079)3/16/1998 2:25:00 PM
From: Jenna  Read Replies (4) of 120523
 
RXSD.. I'm surprised also... I was into other plays (GDYS,ESIO,CNS,SRCL and WTSLA) I was thinking it being overbought and due for a pullback since I've been in it twice already last week. I would hold it though.. here is a reprint of an article appearing in REUTERS a few minutes ago.

Rexall <RXSD.O> sales rising on herbal boom--CEO

ORLANDO, Fla., March 16 (Reuters) - Explosive growth in
herbal products is pushing up overall sales for Rexall Sundown
Inc, President and Chief Executive Chris Nast said Monday.
While overall sales for the dietary supplement company rose
about 31.7 percent last year, growth in herbal products soared
155 percent, Nast told investors and analysts at a conference
sponsored by Raymond James & Associates.
Rexall Sundown's St. John's Wort, an herbal supplement that
some European studies indicate is effective in the treatment of
mild and moderate depression, has become the
fourth-best-selling dietary supplement in the United States.
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