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Mattress
makers eager to lure back weary stock market investors
Sleeping on your safe: what price comfort? By Catt Knapp
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NEW
YORK, N.Y. (TDT) Even as an increasing number of high-profile corporations
have seen their stock values plummet in the wake of damaging financial
scandals, America's mattress makers are resting peacefully at night,
on large piles of money.
"With the stock market down, 401(k)s retreating, and even banks
suspect (hint, hint), we're the best investment option around!"
crowed one industry executive. Taking advantage of this trend, the mattress
industry is laying out a suite of new options for skittish investors
to sample. Stock market analysts insist that the indices are poised for a future return to their previous heights, and that long-term forecasts suggest that the recent recession may already have ended. Still, some privately admit that they are hedging their bets, and snatching up shares of mattress makers, "just in case." |
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