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Article: Newsletter calls Beeba's possible takeover target. (Beeba's Creations Inc.) (company profile)
- Article from:
- San Diego Business Journal
- Article date:
- March 21, 1988
- Author:
CopyrightCOPYRIGHT 1988 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Newsletter calls Beeba's possible takeover target By RANDALL PATNODE
The undervalued stock pride and strong cash position of Beeba's Creations Inc. make the San Diego clothing importer an attractive takeover candidate, analysts say.
The price of Beeba's stock fell during the October market crash along with most other stocks nationally. But unlike many, it never has recovered. As a result, Beeba's is trading well below what Carl Shrager, editor of The Takeover Target Weekly Forecast in Santa Barbara, considers the company's actual value.
In addition because to its low stock price, Beeba's is attractive because of its strong cash reserves, ...