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Non-Tech : Bombay (BBA): Time for a run up?

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To: Allen Furlan who wrote (8)7/1/1997 6:05:00 PM
From: Arnie Doolittle   of 202
 
Allen, it's my understanding that BBA has begun to roll out the new line. The bulk of it will be in stores no later that Labor Day or so. The key in BBA is same store sales. Also a quality selection as CEO wouldn't hurt the stock price either.

When this stock moves it tends to move fast because it's widely watched, given its size. If same store sales show strength over several months, I expect a run past 10. The first leg was completed recently and I think the 2nd leg (retracement) finished yesterday. Granted, we don't have ta confirmation on completion of the 2nd leg but I've been watching BBA on a daily basis for over a year now and I think I know it. The 3rd leg is about to begin imho.

Arnie
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