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Non-Tech : Claire's Stores (CLE) NYSE

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To: Tony Ferracane who wrote (44)12/5/1996 10:10:00 PM
From: Gus Yeung   of 619
 
Well, who knows? If we are talking about reasons, CLE should not
be trading at 16-17 today. If we do a fair comparsion, CLE
same stores sales is up ~10%. But since NOV is cut short this
year, we have a 3% down. Normally, it should not be a problem.

Other retail stocks are picking up and hopefully, this trend
will continue.

Have you guys been in the local mall lately? Have you
checked out CLE? I have and I am very happy I am an owner
of the store. I actually picked up something for my niece.
Everything is selling for around $3-6 but by the time I am
finished, I ended up paying some $30. Hopefully, a tiny fraction
of that goes into the stock.
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