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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who wrote (462)3/7/2002 12:00:15 PM
From: Frederick Langford   of 787
 
Joe,

FWIW, I've played BBBY for many years. They are one of the most successful retailers of items for the home.
Although they have benefited greatly from the 'nesting' that occured after Sept 11, they were very successful before Sept 11.
They were taken down on the acquisition of New Jersey based Harmon Stores, Inc., a health & beauty aid retailer.
Harmon Stores, Inc. currently operates 27 stores in 3 states, representing an aggregate of approximately
178,000 square feet of store space.
Their earnings are due in early April and I am expecting an anticipatory upswing into earnings.
The 2 upgrades today might be the beginning of this upswing.

Fred
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