Raytec Capital (RCC.V) Message Board

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Gold/Mining/Energy : Raytec Capital (RCC.V)

RCC 24.82

0.0%

Nov 7 3:18 PM EST

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To: Mr Stock who wrote (327)	5/6/1999 7:52:00 PM
From: Wiselight	Read Replies (1) of 457

I like this part that I just pasted out of SH: There are over 128,000 grocery stores & 30,000 supermar-kets generating over $412 billion in sales in the U.S. This extremely competitive industry produced an after-tax profit of only 1.2% in fiscal 1996; therefore reduction of spoilage & shrinkage is very important. Of the $5.8 billion of food product lost per year, $652 million is in produce alone. Most importantly, every 58 minutes, foodborne illnesses kill one person & affect 1,027 people in the U.S., & strong new governmental regulations have been implemented. Along with heavy media attention, opportunities for Raytec's products & unique technologies abound.

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