Dorine & thread, the following is old news from Bloomberg but may be one of the reasons for RXSD's recent price weakness:
Fastenal, Others Seen Declining by Roberts, Barron's Reports
Bloomberg News
September 12, 1998, 1:14 p.m. PT
New York, Sept. 12 (Bloomberg) -- Fastenal Co. is among the
stocks that could fall, in this case due to higher labor costs
and lower profit margins, Mark Roberts, president of the
Cambridge, Massachusetts-based Off Wall Street Consulting Group,
told Barron's. He also sees further declines from Resource
America Inc., whose accounting methods he's criticized, and he
said industry sources are telling him a number of Rexall Sundown
Inc. products could have a shortfall in active ingredients.
Roberts also warned that a computerized program from Educational
Testing Service could threaten Sylvan Learning Systems Inc.'s
business as exclusive commercial administrator of computerized
versions of ETS exams, the paper said.
Among Roberts' short-sale recommendations that have paid off
this year are MRV Communications Inc., Sirrom Capital Corp. and
Sunterra Corp.; in a short sale, borrowed shares are sold in the
hopes of profiting by replacing the shares at a lower price once
the stocks' prices have fallen.
(Barron's 9/14 22 www.barrons.com)
--Anne Pollak in the Princeton newsroom (609) 279-4043/shw |
