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Non-Tech : Claire's Stores (CLE) NYSE

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To: Gus Yeung who wrote (32)11/15/1996 6:41:00 AM
From: Archie Bunker   of 619
 
Do you understand whats going on here? I called Claire's, Schaefer sold 450,000 shares not 900,000 he still owns 8 million. When it dropped I bought and immediately took a hit. In the call they expect to beat the street rather soundly, next qt. I think they sandbagged the qt and will blow away the street in Jan. I have until Feb when they come out with earnings to recover. I'am betting this is back in the 20's or exceeds the last high at that time. If anyone has information that would save me a few $$ lets hear it.

Thanks
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