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Non-Tech : Garden Botanika (GBOT)

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To: Tom Hua who wrote (19)6/22/1998 7:10:00 PM
From: Typhoon  Read Replies (1) of 44
 
Well you got the bounce on the Web site announcement.
But the stock immediately came in after that.
I think this could be a hell of a turnaround.
The foothill group is giving them a line of credit for $10,000,000
and these guys are very shrewed asset based lenders.
QVC/ homeshopping network is starting to give them 1/2 hour
slots.
There comps should start to improve as last year in June
they dropped their catalogue, so going forward comps will be off
sales without a catalogue, but now with a web presence and a Home shopping
network presence. The personal care products industry is
a $20 billion in revenue market. Call the co @ 425-881-9603
Oh yea, they are closing their unprofitable stores and have taken charges
against impaired assets.
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