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Del Monte Trying To Survive Iffy Market.(B)(NYSE STOCKS IN THE NEWS)

Investor's Business Daily

| October 02, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Jonah Keri

Bad news from several big-name retailers and ugly economic data cast further doubt over the market Monday. Though a handful of stocks have performed fairly well, remember that stocks still carry heavy risks right now. If you plan to buy, remember to cut your losses short, at no more than 7% to 8%, or less if the stock's clearly not working.

Fresh Del Monte Produce has formed a 3 1/2-month base. It's 7% off its high. The stock has already staged a monster run-up from just above 3 in the last 18 months, raising some concerns over whether it can continue its winning ways. Still, a history of success beats a history of failure; the ...

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