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

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To: Stimpy who wrote (513)8/22/1997 7:18:00 AM
From: Steven Angelil   of 971
 
Thanks, Stimpy. I will still be posting here. I still own a good amount of shares, mostly because I don't want to pay high commissions to get them out of my LT portfolio. Also, I still think the stock is worth at least $16.50, and I think we will see that price in the next year from now. I think the management is very honest with shareholders, and have been very consistent. It's just that the numbers were not as good as the market had hoped. If UPS did in fact upset the apple cart, they had to say so. However, I wish they would have put out a press release before now, because I think that part of the earnings report is what doomed us. People don't want to hold a stock when they know that the next announcement is not going to be good. It takes away all the upside potential. Anyway, I wouldn't be surprised to see the stock turn around today since I unloaded a large portion yesterday:-)

Time to look for WINNERS.

Steve
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