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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (1933)1/13/1999 1:07:00 PM
From: Glass House  Read Replies (1) of 57584
 
Rande, a couple of days ago you were looking at large retail companies. One I suggested was R.E.I. but it is not a traded company. Here is the email I got back from them:
<<<Thanks for your inquiry. REI is a cooperative and does not offer stock for sale. Individuals purchase a one-time membership in the co-op and earn dividends based upon our annual profit and their purchase total for that year. We do not have investors or offer stock options. If you are interested in joining our membership you will find more details on our URL page:
rei.com
Again, thank you for your interest in REI.>>>

You had probably already found this out but I wanted to close the loop. If you are still looking, Lands End (sym:LE) has had some positive reports of late. The problem is it's already in the high 20's, tough to get much leverage. I will keep thinking (that's a warning folks, better take cover). Cheers, Glass.
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