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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sal D who wrote (2557)4/2/1998 8:35:00 PM
From: Sal D  Read Replies (3) of 29382
 
Amigos and All, I have been looking into NASCAR merchandising companies. NASCAR is the fastest growing sport in North America and this is there 50th year anniversary and the merchandise is flying. One that I like is RACN it appears they are going to acquire WHEL and the combined company will be a nice fit IMO to capitalize on the NASCAR explosion. Links provided for each company for some background on what each company does and some info on the merger. RACN seems to have the market on the die cast cars and sells in 20,000 retail shops including K Mart and Wall Mart and has just secured there relationship with Ford Motor Company. They also have a web site www.RacingChamps.com

biz.yahoo.com
biz.yahoo.com
biz.yahoo.com

If someone could check out the financial statement and balance sheet on RACN I would appreciate it.
Joe
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