It's a great example of a solid company that has been unfairly punished because retail and apparel are so out of favour. Bombay Co. Inc. , has drifted downward, but we do not think the Christmas numbers will be as poor as is feared. Since then, the stock price eased on soft revenue. Consistent margins and sharp management are keeping profit healthy, however, and we would not be surprised to see this company go private. Grocery giant Fleming Corp. hit a pothole in its turnaround, but we still like it, especially if recession winds blow.
People always have to eat.
We also have a couple of dogs. Ameriquest Technologies Inc. rode the dot-com mania up, and then down, but investors still haven't figured out that this outfit has little in common with those nascent firms. It's a speculative buy at its current moribund level. Molecular Biosystems Inc. , on the other hand, is a mutt, pure and simple. The long-awaited buyout of this firm is finally closer to reality, but at a price that is a tiny fraction of what the CEO was saying for years the company was worth.