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


To: Bob Rudd who wrote (7363)6/1/1999 10:25:00 AM
From: Mike 2.0  Read Replies (1) | Respond to of 78625
 
All, HJ Heinz (HNZ) is now on my watch list. I happened to read at about the same time a favorable mention in Kiplingers and a Newsweek article on an aggressive and very clever new ad campaign for the ever-ubiquitious Heinz ketchup. Plus after reading recent press releases the company seems serious about cost cutting efforts. The Kips mention stated Heinz was divesting from its Weight Watchers classroom business (sounds like fixing a diworsification move) which is expected to increase cash flow significantly. Yielding about 3%, HNZ is worth a look IMO. Thoughts welcome.