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Non-Tech : Claire's Stores (CLE) NYSE
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To: Archie Bunker who wrote (314)5/3/1997 6:18:00 PM
From: BYRON S DOHERTY   of 619
 
I think you had best check your figures. The chairman does not own 5-8 million shares, and if I recall he only sold 100,000 shares. The age the chairman is, he has every right to sell for estate purposes. If you have any questions, contact mr canary at the claire stores web site. I seriously doubt that the drop in Claire stock was due to soley on the Chairman selling his stocks, after all, 65% of CLE stock is owned by institutions.
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