SPECIAL SITUATIONS
By Lawrence C. Oakley
May 1999


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Anicom, Inc.
Rosemont, Illinois
  • Leading distribution specialist -- telecommunications related wire, cable, & connectivity products
  • Q4 EPS $0.08; Full year EPS $0.43, up from $0.06
  • PaineWebber predicts a 1999 price of $11
  • Grew from $10 million in 1993 to $470 million in 1998
  • Five consecutive years of record performance
  • Consolidating this industry -- acquired 16 companies
  • Trading near book -- undervalued, under-leveraged
  • Great management success record (Anixter family)

Key Facts
Business: Communication-related wire, cable, fiber optics, computer network & connectivity products
Listed: NASDAQ NMS
Symbol: ANIC
Price (4/23/99 Last): 8-3/8
Dow (4/23/99 Close): 10,689.67
52-Week Range: 5 7/8 - 16 1/2
Shares Out: 25.1 million
Approx. Float: 19 million shares
Approx. Effective Float: 9 million shares
Market Cap: $210 million
Book Value/Share: $6.63

...click here to read more about Anicom, Inc.

Raytec Capital Corp.

  • Huge potential market in perishable food management
  • Driven by popular demand & government regulation
  • A solution to a highly visible problem
  • Unique technology for using dry chlorine dioxide
  • Launching ShrinkGUARDTM dry media chlorine dioxide

Key Facts
Business: Perishable Food Management
Listed: VSE
Symbol: RCC.V
Price LVDG (4/23/99 Last): C$1.55
Dow (4/23/99 Close): 10,689.67
52 Week Range: C$0.50 - C$1.85
Shares Out: 12 million
Approx. Float: 5 million shares
Market Cap: C$18.6 million
Book Value/Share: C$0.51

...click here to read more about Raytec Capital Corp.

Other Features This Month

Editorials
Update Briefs
Sneak Previews
Dow 30 Market Timing - Kenneth Coleman

...continued on next page, click here

 

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