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Non-Tech : Abercrombie and Fitch
ANF 124.05+0.2%2:26 PM EST
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To: Dan3 who wrote (305)6/4/2000 1:18:00 AM
From: J.Y. Wang   of 335
 
The slaughter of the apparels reminds me a lot of the absolute massacre the oil services firms (FLC, GLM, RIG, SLB, DO, etc.) took about a year and a half ago. Check out their charts. There were serious discussions about whether companies like FLC would declare bankruptcy. The oil services firms came back -- people need oil. The apparels will come back -- people need clothes.

Stocks tend to over-correct, both ways. Stocks like ANF, AEOS, etc. will come back
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