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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments
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To: Mr. Pink who wrote (6579)2/5/1999 2:46:00 PM
From: Ben Wa  Read Replies (1) of 18998
 
Mister Pink : wondering what his rightousness thinks of Sirena Apparal, a supplier of Mrs. Pink's intimate apparal that you buy for her at Victoria's Secret. Since Intimate Brands is doing well, I'd think that suppliers to Victoria's would do good, too. And Sirena is launching their own e-tail website in a month or so, with brand names that won't compete with their retail clients. Margins on their own direct to customer sales should blow away their wholesale business. I think this could be a company with internet aspect, plus good balance sheet, and it's actually making money.
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