Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (8753)	4/30/1998 1:42:00 AM
From: Jenna	Read Replies (1) of 120523

SYY...After reading the latest version of IFC newsletter I came across one of my own picks for the last 2 days: techstocks.com Jonathan White of Bank of New Hampshire - Trust & Investment Services provides the following stock ideas on Sysco Corp. (SYY 24 3/16) and Leggett & Platt (LEG 51 1/2)[Ed. I like LEG as well] . Below is the write up. A favorite that fits his criteria is Sysco Corp: They distribute a wide range of food and related products to restaurants, hospitals, schools, hotels, industrial caterers and chain restaurants. "The food distribution business is highly fragmented and they are the single largest player in that industry with a 10% market share... They are at least twice as big as the next biggest competitor. Their market share is expanding through the purchase of smaller companies and increasing the market share of their own business," says John. Sysco has been developing a strategy, "which is working quite well," including theimplementation of more regional distribution centers. John believes that their market share will "keep increasing" and possibly "double" within the next 5 to 10 years

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