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Non-Tech : Tommy Hilfiger (TOM)

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To: Gottfried who wrote (291)1/19/2000 2:13:00 PM
From: American Spirit  Read Replies (2) of 321
 
Specialty Retailers: Stay away from TOM and GPS. The big profits will be made in BEBE, ANF, IBI and URBN. All priced half of TOM and GPS in terms of PE with better earnings (except URBN which is so low it's a buy).

BEBE now leads the way spiking 6 points in 5 sessions.
ANF and IBI at probably bottoms today. All will post stellar earnings exposing low valuations. Going into spring when specialty retailers usually peak.

ANF when it settles the SEC matter it will be worth another 10 points on the upside. Look what happened to IFMX since it settled. Up 30% now.

Bought more EGRP at 27. Buy orders on IBM, XRX, CHTR, ESHR, JNJ as they dip toward low trading points. CPU, MXTR also lok like bargains. LU recovering nicely. Averaged down to $53 so I'm almost back in the green. Will hold for mid 60's (maybe).
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