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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (3408)	2/14/1999 1:05:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Some beefier picks, should Michael Dell pleasantly surprise us all. . . GYMB - Gymboree is a specialty retailer in malls across America and in some foreign countries. . .focus: 20 years ago Gymboree pioneered the small child's play programs. . .organized activities for 7 levels of small children and their parents. . . and LOTS of great clothing and accessories with the Gymboree logo available at the same location. If you are middle-class to well-to-do, your small children need the Gymboree logo on everything they own. . .or at least that is what this company would like to see. Also, once you are hooked on their logo on your baby's stuff, guess what? . . . you are pregnant again and need to shop all over and attend even more of their activities. They are turning around financials while rapidly expanding their bricks and morter operations. Currently they have 564 retail stores in U.S., Canada and Europe. Last quarterly showed improvement in top line, offset by higher overhead from rapid expansion. Stock trades cleanly and smoothly with little volatility, partially due to 24 mil outstanding. Here is profile: biz.yahoo.com Quarterly just released on Feb 4, may not be shown in Yahoo yet. This is a mid-term undervalued gem with a target of 18 in 6 months, based on being discovered by institutions and larger investors. . . and continued growth of earnings. And how many pregnant mothers feel like running out to the mall, when they can shop online for the same items? gymboree.com Play Programs can be located in your area by entering your zip code at the site. Goldman Sachs upgraded it last month. 2 weeks ago, they appointed a new president, which gave the stock a nice bump. I thought it would pull back, but even with the current market conditions, it has held up well. Impact from E-commerce website has hardly been considered by Wall Street nor discussed by company. I have never nor do I currently hold any position in GYMB. WHX - Wheeling Corporation we have discussed here previously. They have done an incredible job of turning the company around. . .just take a peek at their latest filing. Here is a brief: biz.yahoo.com Highlights include: WHX today reported net income of $41.7 million, on sales of $1.6 billion, for the year ended December 31, 1998, compared with a net loss of $199.8 million, on sales of $642.1 million, for the year ended December 31, 1997. After deducting preferred stock dividends, basic net income per share was $1.16 for 1998 compared with a $10.01 net loss per common share for 1997. Net income per diluted share was $1.11 for 1998 compared with a $10.01 net loss per diluted share for 1997. Last year, in an effort to increase shareholder value, WHX purchased Handy and Harmon. . .the precious metals factory. . . this is a VERY profitable company that has greatly assisted in helping the bottom line of WHX. To further help the company's bottom line, they have made a tender offer for GIX [Global Industrial Technologies] another metals related company. WHX already owns 2 mil of GIX and is offering 10.50 per share until Feb 16. When GIX shareholders give in, it will take a chunk of change from WHX. At this time a few things should happen. We should see a buying dip in WHX share price and Standard and Poors will probably lower the credit rating on WHX. I have seen this happen several times during acquisitions by WHX, which is a fairly diversified corporation. Their Wheeling Steel division has shown some remarkable improvement, due in part to the strike a year and a half ago. Interestingly, this strike brought the WHX stock down to single digits for a very short time. . .yet with such a turnaround, the share price seems to have been overlooked. WPC reported a net loss of $6.5 million, on sales of $1.1 billion, compared with a net loss of $230.5 million, on sales of $489.7 million, for the year ended Dec. 31, 1997. Results for 1997 reflect the adverse impact of a ten-month strike against the Company's steel subsidiary Wheeling-Pittsburgh Steel Corporation (WPSC), which was settled Aug. 12, 1997. The steel division is now but a minority of the financial picture of WHX. . . yet because of the long history of WHX being just another steel mill, it is overlooked by association. With Friday's news about Japanese steel, WHX and other steel mills should benefit greatly by this windfall. WHX also owns a popular Wheeling horce race track and associated betting facility. Again, this one may take a little time and is more of a mid/long term hold than a swing trade. . . I don't think they will be selling any steel over the net, so don't bother putting this on watch boards for a momo.. ..it won't happen. I am looking at WHX to move back to the mid-teens slowly and steadily after the GIX purchase. I am hoping this purchase sends the stock under 9, where I see it as a bargain, all things considered. I do not hold a position in WHX, however family members out-of-state hold long positions. More later. . . Rande Is