COMPANY SPOTLIGHT : INVESTOR SPOTLIGHT.Name: Dick Clark
Richard Wagstaff "Dick" Clark (born November 30, 1929) is an Emmy Award-winning American television, radio personality, game show host and businessman, he served as Productions Inc. HQ: 3003 W. Olive Ave., Burbank. Business: Television program producer; owns and markets the American Bandstand American Bandstand durable and popular TV show; teenagers are featured performers. [TV: Terrace, I, 52] See : Teenager brand, including American Bandstand Grill restaurant chain. Competitors in the TV business including King World and Viacom; in restaurant industry, Planet Hollywood. Annual revenue: $72.33 million in fiscal 1999, a 16 percent decline from 1998. Annual income: $2.75 million, a 66 percent decline. Ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors : DCPI DCPI Digital Continuous Profiling Infrastructure (now Compaq Continuous Profiling Infrastructure) DCPI Deputy Commissioner, Public Information (NYPD) DCPI Drum Corps Planet International . Friday close: $13.25. Web site: www.dickclark.com Company contact: Investor relations Investor relations The process by which the corporation communicates with its investors. Bruce Russell, (310) 216-1414. Name: Larry Hogan. Residence: Van Nuys. Occupation: On disability/former animation photographer. Age: 60. How he got started: Hogan is not your average investor. Not only is he legally blind - he painstakingly reads stock charts with a magnifying glass magnifying glass: see microscope. magnifying glass traditional detective equipment; from its use by Sherlock Holmes. [Br. Lit.: Payton, 473] See : Sleuthing - but he buys when others sell and sells when others buy. His strategy is to buy when there's high volume and the stock is headed down. He figures that institutional investors are dumping their shares at a profit, triggering a wave of selling among individual investors, and then buy in again when the price is low enough. That's why Hogan watches for a stock to drop by 50 percent with heavy volume for a week and then buys it. He sells when the stock reaches a record high with high volume for a week. He also doesn't buy stocks when they split because he believes the tendency is for it to drop. Best stock: Merck. He bought it for a split-adjusted $16 a share in 1994. It closed at $70.50 on Friday. Worst stock: Integrated Device Technology IDT (NASDAQ: IDTI) was founded in 1980 as a semiconductor vendor. Employing approximately 2500 people worldwide, headquartered in San Jose, California and operating a fab in Hillsboro, Oregon, the company both designs and fabricates semiconductor components. . He bought it for $20 a share and sold it at $14. Investment philosophy: ``Buy stocks when they drop by 40 or 50 percent and the volume is heavy.'' CAPTION(S): photo Photo: (color) no caption (Larry Hogan) |
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