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To: - with a K who wrote (36361)	1/14/2004 10:55:31 PM
From: - with a K	Read Replies (1) \| Respond to of 118717

From the HELE 10-Q posted today, it was clear Tactica is the problem child and that things will be much better once a resolution is found. Still, a sales increase of 25% and a 49% boost in net earnings are nothing to be ashamed about. Snip: On October 2, 2003 the Company announced that it has started evaluating strategic alternatives for its investment in Tactica with a view towards maximizing shareholder value. These alternatives include a possible sale of all or a partial interest in Tactica or its assets, or restructuring the ownership and/or operations of Tactica. There can be no assurance that any transaction involving Tactica will occur, or that any transaction or restructuring will have a favorable effect on the Company's liquidity or financial position.