DOLLARS & SENSE : COMPANY SPOTLIGHT.NAME: Dole Food Co. Inc. HQ: 31365 Oak Crest Drive, Westlake Village, CA 91361. BUSINESS: Grower of fresh fruits and vegetables. Also packages salads and vegetables. Competitors include Chiquita and Del Monte Monte (Italian, Portuguese and Spanish meaning mount) may refer to various things: Monte is the name of several places: In Brazil
ANNUAL REVENUE: $4.42 billion in 1998, up about 2 percent from $4.34 billion the prior year. ANNUAL INCOME: $12.1 million, or 20 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , down 92.4 percent from 1997's record $160.2 million, or $2.65 per share. 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 : DOL DOL - Display Oriented Language. Subsystem of DOCUS. Sammet 1969, p.678. . FRIDAY CLOSE: $30.375 WEB SITE: www.dole.com COMPANY CONTACT: (818) 879-6600. INVESTOR SPOTLIGHT Name: Edward Whalen. Residence: Santa Clarita Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country, . Occupation: Industrial plant supervisor. Age: 65. How he got started: For the past 15 years, Whalen invested in mutual funds. Three years ago, he thought he could do better with individual stocks so he and his wife visited an investment club. They ended up not joining, but in the process met a stockbroker Stockbroker 1. An agent that charges a fee or commission for executing buy and sell orders submitted by an investor. 2. The firm that acts as an agent for a customer, charging the customer a commission for its services. with whom they eventually opened an account. But Whalen got bored with the brokerage's ``buy and hold'' approach. Today, he's trading online and enjoying the action. Best stock pick: Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box . He bought it eight times beginning in May 1997 for an average split-adjusted $18 a share. It closed at $67.3125 on Friday. Worst stock pick: Citizen Utilities. He bought it in December 1996 for $11.125 a share and sold it eight months later at $8.0625. Investment philosophy: ``I watch my stocks every day and I record everything every day. I feel I have to watch it really close. If there are any changes to be made, I should be on top of it. I like to (watch my stocks). It gives me excitement. It's almost like gambling. If I can combine stock picking and gambling I could probably make a fortune.'' CAPTION(S): Photo Photo: (Color) Edward Whalen |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion