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Non-Tech : Amway Asian (AAP) -- Ignore unavailable to you. Want to Upgrade?

To: M CAHILL who wrote (7)	7/20/1998 7:25:00 PM
From: Aaron Weiss	Read Replies (1) \| Respond to of 17

M Cahill - The market certainly agrees with you! Up to 14 and change today from 11-12. I started buying into this stock when it first fell to 13-7/8, and then again while it languished around 10-11. There's a great story on China's about face on Amway's MO at: biz.yahoo.com Since I come from a business background, I reviewed the financial statements for the company to see if they were in danger of going under if things didn't turn around soon. Much to my delight, they appear to have a conservative degree of leverage on their balance sheet. Furthermore, their margins (when things are going fairly well) are quite respectable for the line of business they're in. It looks to me like they are easily capable of weathering a long storm if need be. Perhaps best of all, their long-term stock chart is among the most tempting I've seen in quite a while! You can get current information about this company at their website: aap-amway.com Regards, Aaron PS: This is off-point, but do you dabble in ARA at all? I noticed on your profile that you follow PAP. ARA is the Brazilian counterpart of PAP. I've also been thinking about New Zealand's FFS as another good long-term conservative holding along the lines of PAP and ARA.