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Non-Tech : Sunglass Hut RAYS- Will it ever breakout?
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To: Chuck Coonce who wrote (620)9/30/1997 8:39:00 AM
From: marc chatman   of 971
 
Chuck, I agree with most, but not with "fairly steady sales numbers."

From prior announcements, I expect considerable store closures now that the summer season has concluded. That should reduce the top line (at least relative to what it would have been, of course). A good move, only if Mr. Hauslein takes a very sharp knife to expenses. Top line reductions call for even greater reductions in overheads/SG&A.

I like the conservative approach in announcements.
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