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Non-Tech : Sunglass Hut RAYS- Will it ever breakout?
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To: Steven Messina,L.M.T. who wrote (654)10/7/1997 6:59:00 PM
From: Hamid Pourjalali   of 971
 
Steven:

I am glad to see that Rays is being appreciated (eventually). For last quarter,(before the quarterly data came out) the management had already provided enough indications about lower than expected numbers. This time, the management has not given any negative signals and has been giving positive out-look. I suspect that some inside trading has happened during the last couple of weeks. Some numbers are coming out this Thursday, so maybe this is the time to see if the positive expectation was appropriate (at least the market is reacting to it).

My outlook for this company has been positive and I hope that I am right about numbers and we will see increase in the RAYS prices.

Good luck to all of us.

Regards,
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