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Non-Tech : Royal Appliance Manufacturing--(RAM)
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To: J. Kittle who wrote ()12/22/1998 9:59:00 AM
From: Still Rolling  Read Replies (2) of 42
 
This stock could be a real sleeper -- factory is working around the clock to keep up with demand for the new bagless upright Dirt Devil, which hit the shelves of WalMart, Best Buy, etc. in late September. Stock at the low end of its trading range, with virtually no long term debt, equity per share of over $3, and an active stock repurchase program underway. Plus it's a seasonal business with the October - December quarter historically the strongest. My wife and I bought the product, loved it, and bought the stock. We normally stick to tech stocks but RAM looked too good to pass up, and we performed a lot of research, due diligence, etc. Check out the Dirt Devil Vision next time you are in Best Buy. Good luck to all RAM longs.
Regards,
Craig A. Anderson
xcitfan@excite.com
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