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To: re3 who wrote (130149)8/16/2001 8:57:59 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
This is true that's why Warren Buffett brought in Kilts. >Gillette's (nyse: G - news - people) shares steamed ahead 5.7% on news that new Chairman and Chief Executive James Kilts has been impressing both investors and analysts with his vision for the future of the Boston-based company. Kilts took over the troubled consumer products maker last February after Michael Hawley was ousted late last year as a result of lackluster performance at Gillette's Duracell unit and as a declining euro hurt U.S. earnings from Europe. The sliding dollar, sitting at a five-month low against the euro, should work in Kilts favor. Many analysts believe a weak U.S. dollar will improve revenue growth at multinational consumer product giants such as Gillette, Colgate-Palmolive (nyse: CL - news - people) and Procter & Gamble (nyse: PG - news - people), which have large foreign exchange exposure. More...