|Retail - Building Products Market Industry|
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|OTC PK:PCSH||Payless Cashways, Inc.|
| ||Payless Cashways, Inc. operates as the retailer of building materials and home improvement products in the United States. It operates 128 retail building materials stores, and 5 Builders Resource wholesale facilities in 17 states. The stores operate under the names Payless Cashways Building Materials, Furrow Building Materials, Lumberjack Building Materials, Hugh M. Woods Building Materials, Knox Lumber, Contractor Supply, and PCI Builders Resource. The company's merchandise includes items in the following categories: lumber, plywood and building materials; millwork; farm and ranch products; tools; hardware and housewares; electrical and plumbing products; paint; lighting; home decor; kitchens; decorative plumbing and bath; heating, ventilating and cooling; work apparel; and seasonal items. Primary customers include professionals and project-oriented do-it-yourselfers. In June 2001, the company filed a voluntary petition for relief under Chapter 11, Title 11 of the United States Code.|
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Investing by Industry or Market Sector employs non-emotional, numbers driven, value-based industry, sector, and country rotation techniques, that, unlike conventional stock picking methods, focuses instead on identifying and capitalizing on theme movements in the well identified industries & market sectors.
Primarily, this active-asset methodology recognizes that advances in financial markets are defined by "themes", or led by asset classes, industries, and countries, with each advance distinguished by specific sector-driven themes. Employing a disciplined research and valuation process these "themes" are identified so that Portfolio's can be created and/or adjusted toward the most attractive sectors.