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Non-Tech : Gymboree "GYMB"
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To: 5,17,37,5,101,... who wrote (180)6/22/2000 12:45:00 PM
From: Marty Rubin  Read Replies (1) of 189
 
Jackson,
If you go by what GS recommends, you might be in big trouble.
And just because there's heavy buying by insiders in the retail sector (which i can't verify) doesn't mean this one too.
Management of this company decided to invest because they didn't want to violate GYM's credit terms. They needed the cash. Go the gymboree.com and listen to the cc.
I can't count on the insiders to rescue the company because they have proven that they can't.

Best advice: visit stores and see whether foot and $ traffic is up. This is a retail store. If people are buying, then the numbers should improve and this may indeed be a bottom. But are they?

I don't care if you're excited about the stock, but it has to be reasonable or else you get hurt.

Marty
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