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Biotech / Medical : SAFESKIN -- Ignore unavailable to you. Want to Upgrade?


To: Apple12 who wrote (182)2/12/1998 6:52:00 PM
From: Apple12  Respond to of 828
 
Article of Interest:

SAFESKIN CORP (NA) SFSK - This stock won't stand still long enough for me to get it in the "Bulls." with a current price. For the record, it closed Friday, May 3rd at $37. I had decided to include it in the "Bulls." on Tuesday, May 1 at $28! Give me a break! First quarter just reported sales of $33 mil vs $22 mil, income of $5 mil vs $3 mil, EPS of $.40 vs $.25, 13.7 mil shares on the market, 16% profit, 15% growth, and a 20 P/E. Great numbers but what do they do, you ask? Demanding aren't you! Been to the doctor or dentist lately? Did you notice the cute little latex gloves everyone was wearing? Could be they were made by Safeskin. Safeskin only has something like 66% of the market and climbing! Their gloves are some of powderless non-allergenic variety that wearers find so appealing. Seems these guys own rubber plantations and operate latex plants right there in the jungle. No EPA to worry about there! Good buy still? You bet. All of last year Safeskin earned $1.17 per share. Looks like that figure will easily be topped this year. Next time you visit your doctor, dentist, or urinary attendant (one of those guys that oversee urinalysis for drug screens that you have to do these days to work for the Man), ask if you can check out their gloves.