Alberto-Culver Company B (ACV)

Discussion of Aeroplan, (airmiles) which is doing very well, however the airlines are strongly unionized and taken alot from their employees. If they become a profitable company the employees will want some of that back. Not fond of Airlines and hasn't been for quite sometime.

(A Top Pick Aug 13/04. Down 1%.) Just bought more.

Distribution business is profitable. Keeps growing at about 14/15% a year. Well-managed. Very attractive price.