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Safeskin Pulled Profit From Innovative Gloves.(THE SMART INVESTOR)(WINNING WAYS)

Publication: Investor's Business Daily

Publication Date: 29-AUG-05
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COPYRIGHT 2005 Investor's Business Daily, Inc.

Byline: KEN HOOVER

Safeskin made a fortune in rubber gloves. And the investor who bought the stock right and held on for the roller coaster ride to the top could have made a fortune, too, during the mid-1990s bull market.

In 1990, the company introduced the first powder-free gloves and kept improving on them. Customers paid a premium, but they were worth it for health care and manufacturing workers who needed to wear gloves all day. Worry over the spread of HIV was...

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