| February -
"STOCK PICK FOR 2K INCLUDED IN DICK DAVIS DIGEST"
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2274 Arbor Lane #3
Salt Lake City, Utah 84117
|"STOCK PICK FOR 2K INCLUDED IN DICK DAVIS DIGEST"|
HMLD - within Dick Davis Digest, "stock picks for the year 00", we have been invited to submit our pick. We have decided to use HMLD. HMLD is extremely boring and in our opinion very undervalued! HMLD is estimated to have revenues of $600 million and earnings of .60 for 2000, has a book of $5.33, no brokerage firm follows this situation. George Soros, the investor owns 13% for one of his funds. Management has been net buyers of the stock on the open market. We believe that HMLD is a great takeover candidate and we have a target price of $10. On January 18, 2000, HMDL announced plans of acquiring three more supermarkets in Oklahoma. Institutions have continued to buy, now they hold 32% of the 4.3 mil shares. We still believe they are acquisition oriented. The president of Wild Oats is the chairman of HMLD.
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