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Non-Tech : Helen of Troy Ltd (HELE)
HELE 19.41+1.2%3:59 PM EST

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To: Beans who wrote (204)4/14/1999 12:52:00 AM
From: Dennis Tom  Read Replies (2) of 295
 
Listened in on their conference call and an analyst asked the question about the Revlon situation and how it would affect HELE. The reply was that it wouldn't affect them at all since they have a very long license agreement with Revlon.

There was also a side joke by another analyst about thanking people for not asking about e-commerce but the HELE personnel answered the question quite professionally. HELE replied that people can already buy their products on the internet through retail outlets that they supply. They won't go direct because they will be competing directly with their customers. You got to like that kind of customer loyalty and I can see why they are supplier of the year for Target and Wal-Mart.

Overall, my impressions of the conference call was very upbeat. Every analyst that call in opened with a congratulations on a great quarter. HELE presented a solid plan for future growth. I really like their closing statement when they asked for more coverage by analysts. I think already got an upgrade from one but can't remember the name right now. Sounds like a company on the upswing to me.

Good luck to all.
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