West Marine WMAR Message Board

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Non-Tech : West Marine WMAR

WMAR 12.97

0.0%

Sep 15 5:00 PM EST

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To: TI2, TechInvestorToo who wrote (373)	6/15/2000 10:44:00 PM
From: Dale Stempson	Read Replies (1) of 400

TI2, I don't blame you for bailing. WMAR has to be one of the most frustrating stocks I own. It seems as if each time I reach any level of optimism looking forward, this dog turns on me and bites me on the ass. This quarter is a good example. The CC last month was positive (IMO) and it appeared to me that this could have been one of our better quarters. We knew April was average, but comp sales for early May were looking good, running ahead 8%. My hopes were (once again) up at that point. The dog began turning on me when the May monthly report showed early gains had been reduced significantly. The mangy pup started snarling when someone began dumping shares in volume, and finally today he bit again when earnings were revised down. FWIW, I won't be selling. I continue to believe this dog will have its day in the sun. Besides, WMAR in the sixes is simply too low a price. (after saying that, it will certainly move to the fives next week) <g> Good luck to you and, Regards - Dale

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