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Strategies & Market Trends : Rande Is . . . HOME

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To: christopher who wrote (21907)3/8/2000 12:55:00 PM
From: American Spirit  Read Replies (1) of 57584
 
If I had to buy retailer now it would be ANF under 14.
The main reason is their planned expansion, surf wear brand release, growth moves. And I'd just hold it because sooner or later their SEC problem will be settled. That's worth a nice 30% pop right there. ANF used to be Wall Street's darling. The stock has been cut by 70% from its recent high. A few glitches helped it fall but basically I don't see any downside from here anymore. BEBE would be the other because of its still massive short position. They WILL start covering now. If you can't make up your mind there's always Fidelity Select Retail Fund too. gg
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