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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: yard_man who wrote (95225)4/17/2001 1:32:05 PM
From: Charles P. Hubbard  Read Replies (4) of 436258
 
Yes, I am short BBBY at 26.00 ; a bit underwater. I have yet to lose on this one, and have shorted several times recently. Just don't see how the retailers can hold up with a decaying economy and layoffs. The BBBY merchandise is a bit pricey compared to KSS and TGT. Don't know what that means in terms of stock price valuations, however. The PE on TGT is not as inflated as the other two. KSS has a lot of expansion going forward which, according to earlie I believe, is at precisely the wrong time.
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