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Strategies & Market Trends : Love shack
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To: D. Miller who wrote (210)12/19/2000 11:22:14 AM
From: Grandk   of 322
 
IBI looks attractive here. My problem is this. In a recession, will people be willing to pay for their product. I say "their", as in all retailers. Notice how ANF has been hit so hard recently. Their overpriced clothing is of no use to a family in financial crisis. With a ton of J6P money in the Naz, where will the money come from to purchase these unnecessary items?
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