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Non-Tech : American Eagle Outfitters

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To: varoujik who wrote (302)7/10/2000 11:41:52 PM
From: blankmind  Read Replies (1) of 325
 
- why $26 share price? I don't know, why not the recent $57?

- 10K as of 1/29/00:

- "we implemented staff scheduling software to improve productivity and
customer service" - which is great

- looks like they don't own any of the production plants - another plus

- heavily computerized operations

- patented American Eagle line & expansion in to other lines

- all stores leased for around 10 years - which means they can walk away from unprofitable locations

- stock was over $57 in 10/99 - wow - now only $13

- internet sales are up, but doesn't say by how much

- 80 new stores opened in '99 - which is great for spreading overhead, advertising, & such
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