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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: jeffbas who wrote (6091)	2/22/1999 7:21:00 PM
From: geoffrey Wren	Read Replies (1) \| Respond to of 78514

Re: Funeral homes. I recall a news segment here in the Bay Area maybe a year ago about a store that sold coffins only. They would sell the coffin for about 1/3 to 1/2 what the funeral homes were charging. The funeral home operators on the show more or less admitted that they were making thousands on the coffins, but said they would have to charge more for the embalming, etc., to make up for the loss of profit if they did not sell the coffin. But who is to say they will be able to add to the other charges. The implication I got from the story was that funeral homes were a high margin business. Maybe the days of those high margins are drawing to a close. GTW