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Non-Tech : Abercrombie and Fitch
ANF 71.58+2.1%Nov 7 9:30 AM EST

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To: Adam Nash who wrote (281)2/16/2000 7:23:00 PM
From: Susan Saline  Read Replies (1) of 335
 
No answer to your questions ... am sorry ...

from past experience with my own past 'divers' .... it takes from 6 months to a year for one to recoup from the dive.

38 will be a year
26 .... probably several months.

But I see very little downside from this point ....

I ask myself ... when I hold too long (which I often do) will it come back? or is it going out of business (any stock) .... if I had liked it at the 30's and bought more at the 20's .... well ... the only time this has failed me, was when it was a crap company to begin with..... so what has changed that would cause one not to like it ... 'cepting for the fact that the stock price has gone down?

This is also a 'sector problem' ... as I mentioned previously.

It is now very oversold and ... at this point undeserving of a 15 dollar price tag ...
Risk:vs:Reward at this point the reward is of much greater value than the risk

IMHO

and am very sorry for your price paid ... no consolation, of course ... but we have all been there ... and I always feel patience will prevail

carpe dieme
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