Catalina Marketing gets squeaky clean rating

© St. Petersburg Times
published August 26, 2002

With fraud and dirty dealings grabbing business news headlines, it might be the ultimate corporate compliment to be labeled squeaky clean.

Catalina Marketing Corp. of St. Petersburg recently won accolades from Dow Theory Forecasts newsletter as one of six stocks with "extremely clean stories" and above-average long-term investment potential.

The company is a kingpin of couponing, printing coupons in stores and distributing them by mail and over the Internet. This year its stock has been pummeled along with the rest of the market. From its January high of $39.01 a share, Catalina Marketing's stock fell to $25.26 last month.

But since then it's been on the rebound. Dow Theory's recommendation, which was picked up by Washington Post columnist James Glassman, apparently struck a chord with investors looking for a home for their cash. The stock closed at $32.89 Thursday.

The other clean stocks, according to the Hammond, Ind., newsletter, are Anheuser-Busch Cos., ChoicePoint Inc., TJX Cos., Walgreen Co. and Wells Fargo & Co.

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