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Microcap & Penny Stocks : Emerging from Chapter 11 -- Ignore unavailable to you. Want to Upgrade?


To: Paul Lee who wrote (9)10/2/1998 7:05:00 PM
From: Dwayne M Gaczewski  Respond to of 19
 
dose anyone have anything on NALF....look for more info since filling chapter 11. Thanks



To: Paul Lee who wrote (9)10/26/1998 7:39:00 AM
From: Crossy  Read Replies (1) | Respond to of 19
 
Hi Paul,

I did an analysis of post-bankruptcy GUCO - the Grand Union company. They were recapitalized but I doubt they can be really profitable this year. I ran their data thru my meatgrinder and found some interesting comparison:

If You consider PUSH (Publix) and SWY (Safeway) as one of the most succesful business models in the grocery industry, I tried to compare average sales per normalized (full time) employee. Found out that GUCO got 0,22m $ while PUSH got 0,19 and SWY got 0,25. This means that productivity is ok. Only margins still are not. They hired an IT-wiz-kid to make improvements. I'm not investing into GUCO at this time but I'm eagerly waiting for this company do get out their next 10Q. My prediction is a loss of 0,60-0,70 for the next 2 quarters.

What I'm looking for are measures to boost margins. The only thing they did up to now was to install the Insignia-POS Point of Sale software package. Anyway I'm waiting for more info from GUCO, especially regarding changes in their business model.

best regards
CROSSY