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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Hank who wrote (3967)12/7/1998 10:39:00 PM
From: Mark Myword  Read Replies (2) | Respond to of 4634
 
Hank: Before you get too excited over FHT, you need to be aware of the fact that they spun off Metris, their finance sub, in September;
it was the only profitable part of FHT, when it comes right down to it; the basic Fingerhut catalog business is a low-margin POS, IMHO. It now trades as a separate entity.
I would be extremely cautious here, internet or no internet. Do some DD instead of just jumping into a stock because somebody posted a "buy" message on SI.

Cheers, Perky