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Non-Tech : Claire's Stores (CLE) NYSE
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To: Joan Osland Graffius who wrote (180)1/19/1997 10:44:00 AM
From: BYRON S DOHERTY   of 619
 
I know the manager of the local claire stores here, and as usual walk in traffic is booming. This is a hang out for young teenagers, and yes, they are buying. The manager stated their gross sales were about 50% more then last year. However that does not reflect the performance of other CLE stores and unfortunatley does not reflect the sentiment towards the retail market sector. Cle in the long haul is an excellent stock, and you will not find anybody to dispute that fact. In my OPINION, I am expecting CLE to announce figures like that of Intel's, and hopefully the institutions will again take interest in CLE.
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