2ND TIER Y2K STOCKS:
CLN - Coleman Company at 9 5/8, just off 52-week low of 7.43 and hi = 35.56.
The Coleman Company, Inc. manufactures and markets brand name consumer products for outdoor recreation and home hardware use on a
global basis. For the nine months ended 9/30/98, revenues decreased 12% to $816.2M. Net loss before extra. item totalled $3.3M, vs. an income of $2.7M. Revenues reflect lower outdoor recreation product sales as a result of the SKU reduction program and softness in demand. Earnings also reflect a higher income tax provision.
RGTC - Real Goods Trading Corp. - at 3 3/4. 52wk lo=2 1/2...hi=6.
RGTC sells environmentally related products and renewable energy
products through mail order catalogs, direct sales, retail stores and its Internet web site. For the six months ended 9/26/98, revenues rose 1% to $6.6M. Net loss rose 14% to $287K. Revenues reflect increased sales in the retail and renewable energy divisions. Higher loss suffered from lower gross margins due to increased product costs and the sale of lower margin renewable energy.
SGDE- Sportsman's Guide at 5 bucks...middle of trading range hi=11.62.
The Sportsman's Guide is a mail order catalog retailer, offering a
variety of products including footwear, clothing and accessories, hunting and shooting accessories, camping and outdoor recreation equipment, optics and ammunition, and others. For the 39 weeks ended 9/27/98, sales rose 16% to $90.4M. Net income totalled $947K, up from $339K. Revenues reflect an increased customer response rate. Earnings also reflect higher retail product margins.
GGGO at 1 7/16 thinly traded... 1.12 - 2.81 past year's range.
Golden Genesis develops, manufactures, and markets photovoltaic
(solar electric) power systems and related products. For the six months ended 6/30/98, net sales increased 36% to $19.3M. Net income applicable to Common Stock totalled $117K vs. a loss of $1.1M. Revenues reflect an increase in sales from base business operations and the inclusion of operations from acquisitions. Earnings also reflect the consolidation of operations and manufacturing.
NOTE:
Accepting arguments, comments and DD on the above "2nd-tier Y2K" stocks, as well as others that fit profile of company that has an excellent chance of seeing dramatic increase in revs due to panic buying and Y2K problem preparation. Please post DD and story with any picks.
Rande Is |
