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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: American Spirit who wrote (52356)5/27/2000 12:03:00 PM
From: Les H  Read Replies (1) of 99985
 
Fatbrain.com doesn't make any money. See

biz.yahoo.com

They lose more money than their stock price. Their P/E is -1.00. Here's a great idea. Grant every employee an option to buy more stock at 0.25 so that the float increases by 4-fold. If they do that and stock stays at its current price, the EPS per share will improve from -4.00 to -1.00.

Egghead.com probably doesn't either.

I agree with you about the retailers. I suspect that if sales are going poorly this quarter, that group should bottom by the time they report their earnings in August. August is also a seasonal/cyclical low for retail stocks.
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