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Non-Tech : Mossimo

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To: adam segel who wrote (30)4/19/1997 2:58:00 PM
From: geoff arms   of 81
 
I wish there was anything positive to report, but unfortunately I'm afraid these idiots are going to squander all their positive energy on this really STUPID idea of being the next Armani. If they would go back to basics i.e.: "casual clothes for casual living" we might have a chance to profit down the road. (Most of the past sales have been to high school and college age kids). With Mossimo himself holding almost 70% of the outstanding stock he's still OK at $1 or $2 p/shr. Huge ego might be the downfall of this company as much as poor management. Hate to be so negative, but I have too much of this stock at never to be seen again prices.
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