Sunglass Hut RAYS- Will it ever breakout? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Sunglass Hut RAYS- Will it ever breakout?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dr. Jeff who wrote (432)	8/19/1997 2:26:00 PM
From: Gary	of 971

Dr.Jeff, and Mac and Steve, et al., I feel that the Q estimates are high and will not be met. I have thought this all along, because the company's emphasis has recently been on inventory control and paying down debt. This is where you should want the emphasis to be. If the numbers do not come in at $.26 (and I do not feel they will) due to depressed margins, or whatever, the stock may drop and open up a buying oppportunity. This company IS getting its act together and focussing on a turnaround, long term, and we need to be willing to wait at least another 6-12 months for their efforts to impact the bottom line. The best news was the last couuple of press releases which focussed on the strides that Rays had made in getting their house in order! If it drops back under 7, buy more, and be willing to wait a year because they ARE taking care of business. IMHO, sincerely , Gary C

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next