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Non-Tech : GNCI General Nutrition

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To: j.marzolf who wrote (4)9/27/1998 11:11:00 PM
From: Joe Gleason   of 110
 
GNCI at these price levels - is close to the stock option price top management has been exersizing their options for. Does anyone else think this stock has become just "too cheap".

At these prices I've become a serious buyer... Many of my co-workers continue to use GNC as their source for supplements.. Even with revised earning this stock is trading at less then a P/E of 9 for next year in an industry that should grow almost 20% a year...

Fundementals look good - Technically it could bounce pretty good.. Unless this has become a complete bear market, this is a give me at these prices...
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