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To: Panita who wrote (49)12/6/1998 11:02:00 PM
From: AV8R  Respond to of 126
 
RXSD - Interesting post from another thread:

"RXSD...A few thoughts.....

7.5 mil shares short
1.8 mil average shares per day
A little over 4 days short

Press release from president defending company against all the negative press lately.
rexallshowcase.com
(under special messages)

Hopefully a release to the news wires soon stating the same thing.

This past fiscal year, which ended August 31, 1998, the Company announced record sales and profits with sales increasing 83% and net income increasing 86%.

On September 29, 1998, the Company announced a stock repurchase program authorizing the Company to purchase up to $100 million of its common stock. Through November 30, 1998, the Company has purchased 3,470,000 shares of the Company's common stock on the open market at a cost of approximately $51 million.

In September 1998, Rexall Sundown was ranked #28 out of the Top 100 fastest growing companies in America by Fortune Magazine."

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