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Show The National Enterprise, May 25, 1977 Page six ) Option Market News Ketcham, Ph.D. Prince, Lang hein rich & Greer by Warren M. Last week I recommended three fallen glamour stocks, IBM, Eastman Kodak and Polaroid. As evidence of how far these stocks have fallen, let us compared 1972 versus 1977 statistics. He knows where to take his client to lunch company knows how to treat a valued business client. For a quiet, unhurried luncheon meeting . . . quick service when you need it ... or simply for a relaxed midday break from a busy, pressured schedule. His CURRENT EST 77 Lunch from 11:30 until 2:00 p.m. Monday through Friday Auerbach parking validated. Over this five year period these stocks have, on average, fallen 50 while earnings have increased about Average 13. from have fallen 55 have to Dividends (PE) increased dramatically during this period and further increases are likely in the years ahead. Dinner from 6:00 until 10:30 p.m. nightly except Sunday with live music while you valet parking. dine 80. price-earnin- gs njn la flcufde ly The major negatives on these stocks are more technical than fundamental. Institutions have been selling these issues to obtain a more balanced portfolio of growth and high-yiel- d stocks. Following a period of we may be in for a How long this period of deemphasis period of may last is impossible to determine. That is why it is so prudent to write calls on these issues raking in a good return during over-emphas- is 338 South State Telephone under-emphasi- s. this period. Dixon Paper tries new approach Paper Co. has completed a $15,000 remodeling project at 1519 So. 700 W., where it plans to open a paper outlet with a $20,000 inven- Dixon tory June 6. outlet will The serve Dixon's smaller clients. To trim retail prices, it will not cash-and-car- ry make deliveries charge privileges. or offer We have no competition for this kind of outlet here," a spokesperson for the company said. Recently, Dixon opened a similar store in Denver, and it now exceeds $50,000 in monthly sales. We hope for the same in Salt Lake City." Wholesale clients will continue purchasing paper products at the present warehouse, 3700 W. 1987 So., but smaller buyers like clubs, churches and lawyers will be encouraged to purchase at the new outlet at a price, the spokesperson said. less-than-ret- ail Construction not complete Occupation of a new office building at 230 West 4th South is still 30 to 45 days away, according to site developer Brent R. Dyer. Dyer says about half of the 15,600 square foot building has been committed to tenants in lease agreements. The first tenant to move in will be American National Offices. W.A. Francis Construction Co. is the contractor for the project. e Chase Tire has a staff of trained professionals that can usually fix your car up while youre at lunch. You never need an appointment. Our close downtown location enables you to leave your car in the morning, walk a few blocks to work, then pick up your car on the way home. And we are open Saturdays from 9 to 1 :30, weekdays 8 to 6. full-tim- 359-575- 3 |