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Strategies & Market Trends : Rande Is . . . HOME

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To: baddtiming who wrote (33170)8/29/2000 12:37:55 PM
From: American Spirit  Read Replies (4) of 57584
 
TOM may not be the hot style anymore but they are working to re-invent themselves for the fall fashion season and you can see their new ads in major magazines. But get this, the BOOK VALUE is $13.75 and the stocks at $8.75. The stock sells for less than 6 months revenues. They have $3 in cash in the bank. And hey, I recently bought a very cool pullover from Tommy Hilfiger which I've gotten lots of compliments on. And remember ANF and Bebe are the hot new thing either anymore. Point is a big brand name doesn't have to be the hottest new thing just still selling, re-designing, in those department stores and making some money. If TOM ever does become the hot new style again this is a 5-bagger. But I'm just hoping for a quick 50% going into the fall. I traded it once from 6.5 to 8.5. It kept going up to 10.5 now is back to 8/75 where I bought back. If it dips I will buy more at 8.25. I don't see any further downside. Just a very-very-very cheap stock and I've read retail experts who agree completely. Entire market cap now only 800 mill for this global fashion name.
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