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ONE IDEA.


Name: Michael Herron.

Home: Burbank.

Age: 31.

Occupation: Estate planner.

One idea: Buy Smart & Final Inc.

Herron likes to purchase technology stocks, but feels Smart & Final, with its 218 stores in seven states and Mexico, will help diversify his portfolio. He owns 300 shares of the Commerce-based wholesale chain that he bought for $10 about a year ago.

Quote: ``I buy what I use. I shopped at Smart & Final for a while and noticed they didn't have the same wholesaler mentality as Costco and it was a pretty good value. Also I noticed they were increasing their gross margins on items.''

Ticker: SMF SMF - Sacramento, CA, USA - Sacramento Metropolitan (Airport Code)
SMF - Sample Management Facility
SMF - Sanibel Music Festival
SMF - Santa Monica Freeway (California)
SMF - Savannah Music Festival
SMF - Scroller Map File (Solstice Engine)
SMF - Section Material File
SMF - Self Managed superannuation Fund
SMF - Service Management Framework
SMF - Service Management Function
SMF - Sick Mother Figure (polite form)
.

Friday's close: $7.625.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Jan 31, 2000
Words:107
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