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Non-Tech : DWLima: Investing for Personal Wealth -- Ignore unavailable to you. Want to Upgrade?


To: VBroady who wrote (59)1/6/1999 4:20:00 AM
From: Gordon Gekko  Respond to of 245
 
VB,

Their product line includes much more than wigs. They have other women's accessories plus they also market continuing education courses.
I fully expect them to diversify their product line.

In my description I forget to mention that the share buy back was executed at 3 1/8.

Check out the following chart.
bigcharts.com

Look at the movement on December 30th. It moved with less than 100K shares traded. The sole reason for the movement was a rumor spread by day traders that said they were going online. The stock went from $4 to almost $7.

The company is showing good growth and is profitable. I expect big things. 1999 is supposed to be a big year for online buying by women. This one can potentially move high and fast. Be careful though. It has a large spread and jumps around on small trades.

In addition, I am trying to find out more info.

GG