PETM - Petsmart Message Board

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Non-Tech : PETM - Petsmart

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To: SIer formerly known as Joe B. who wrote (1472)	7/12/2000 7:56:31 AM
From: Bruce L	Read Replies (2) of 1508

<<How are they going to grow same store sales?>> I'd like to know the answer to that. My modest investment in this stock is based (1) on the apparent fact that the stock appears very cheap; and (2) that technically it appears to have hit bottom, formed a base at 3 and appears close to breaking out of resistance at 3 1/2. I do occasionally go to PETM stores. While it is in no ways scientific, my impression is that the stores are modestly busy and that there seems to be some customer goodwill towards this company. A negative is that employees are NOT high caliber, are NOT well paid and quit their jobs frequently, i.e., high turnover. I would myself like to see some intelligent discussion re this commpany's prospects. The Yahoo board is worthless. Inasmuch as there may be reasonable prospects for a quick double or better in this stock, it would seem to be worth the effort. Bruce

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