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

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To: BULL who wrote (436)8/19/1997 3:19:00 PM
From: Jeffrey L. Henken   of 971
 
Thanks BULL for the good news from OO. It seems to me that if RAYS management can put a decent spin on upcoming quarters due to continued inventory reductions and expected higher margins, RAYS will do alright on Thursday even if they don't quite meet estimates. I still expect that they will beat the estimates but hey, you never know. Still the company 7.8% rise last month in same store sales has got to have a positive effect on the bottom line. Since that press release we have seen only one analyst upgrade and no changes in earnings expectations. Regards, Jeff
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