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- Newsgroups: misc.invest
- Path: sparky!uunet!psinntp!panix!paul
- From: paul@panix.com (Paul Gatker)
- Subject: Re: Condemned by Barron's--Is it significant????
- Message-ID: <1992Dec30.052043.6408@panix.com>
- Date: Wed, 30 Dec 1992 05:20:43 GMT
- Distribution: usa
- References: <calinski.725123521@calspan.com> <gilman-291292102242@143.48.10.10>
- Organization: PANIX Public Access Unix, NYC
- Lines: 19
-
- In <gilman-291292102242@143.48.10.10> gilman@cshl.org (Michael Gilman) writes:
-
- >The company they trashed this week was NatureUs Bounty, a producer of
- >vitamins. Basically, they pointed out that recent increases in earnings
- >were due to acquisitions rather than increased profitability, that the
- >company was having trouble with government regulators, and that vitamins
- >have no patent protection whatsoever, giving the company no advantage in a
- >very competitive industry. Also, lots of insider selling.
-
- >I believe the stock took a major dive in MondayUs trading.
-
- It went down 4 3/4 to 18 3/4 with just under 3/4 million shares traded.
-
-
- --
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