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However, when I researched back to last year's quotes, I found that at the end of November in 1998 the stock was at a high of $68 7/8. (www.yahoo.com) This high could have been caused by the seasonality that this company has. Hershey gets busier during back to school, Halloween, Thanksgiving, and Christmas seasons...
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The reason why the company has not seen highs like that this year could be do to the inventory problems that I mentioned earlier. (www.sec.gov) In August of 1997 the company made 500 million dollars of debt securities were made available. As of October of 1999 half of the securities remained available...
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