Sunglass Hut RAYS- Will it ever breakout? Message Board

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

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To: Stimpy who wrote (496)	8/21/1997 11:47:00 AM
From: Jeffrey L. Henken	of 971

The significance is in the size of the bid and ask. When there is an imbalance the bid or ask will generally move in the direction of the largest number of orders. I have to say that I couldn't be more disappointed with the tone of the quarterly report. Anyone with half a brain would know that the UPS strike would have an adverse effect on August. So what. It will be the same for almost every other retailer. Just a few statements similar to those from the July same store release would have made all the difference. In an attempt to keep this stock from going any lower I have officially turned bearish. Ha! Ha! Well being bullish didn't help us much did it? Where are those cookies! Regards, Jeff

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