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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Glenn who wrote (4647)1/2/1999 4:33:00 PM
From: Dolfan  Read Replies (2) | Respond to of 90042
 
My broker lost about 450K on that one.
What comes around goes around. Or something like that.

I remember reading the Business week article about Chainsaw Al, they said he was shipping now and billing later to show no inventory problem. The very next day I went to Home Depot and the Sunbeam Grills were stacked to the ceiling. I think if they get their act together it could be another AAPL type comeback.

It is on my watch screen to buy on any significant dip.

Regards,
Mark



To: Glenn who wrote (4647)1/2/1999 4:42:00 PM
From: JustInTime  Read Replies (1) | Respond to of 90042
 
>>Gawd it's amazing what that ceo did to sunbeam.

And he ("Chainsaw" Al Dunlap) is long gone. IMO Sunbeam is on the mend, they own several "name" brands, and I believe they are very undervalued here.

By some under 8-10 and hold for 18 months, I don't think you will be disappointed... I am long and glad, go in under 6 several weeks ago.


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