ANALYST: INVESTORS IGNORE SUPERMARKETS

NEW YORK -- Despite outperforming the stock market this year, the supermarket sector is overlooked as an investment option, Gary Giblen, managing director at Smith Barney, New York, told investors and analysts at the New York Society of Securities Analysts Retail Industry conference here.Many investors shy away from supermarkets because they have preconceived notions that the industry expands slowly

NEW YORK -- Despite outperforming the stock market this year, the supermarket sector is overlooked as an investment option, Gary Giblen, managing director at Smith Barney, New York, told investors and analysts at the New York Society of Securities Analysts Retail Industry conference here.

Many investors shy away from supermarkets because they have preconceived notions that the industry expands slowly and has been squeezed by food inflation, supercenters and home shopping services, Gib

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