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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (14625)	6/13/2002 3:14:49 PM
From: Wallace Rivers	Read Replies (1) of 78698

KR - Bought back in this AM at 19.44. Drop today IMHO courtesy of a Solly downgrade, even though company upped its earnings guidance. Some analysts are not impressed with the fact that earnings increases are coming via gross margin improvement. They would like to see more sales growth. I disagree, think this is a good defensive play.

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