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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (15357)	8/29/2002 8:26:24 AM
From: Dale Baker	Read Replies (1) of 78717

Looks like the sector will take a hit today: 08:12 ET FINL Finish Line lowers guidance (10.49) Retailer reducing Q2 outlook to a range of $0.34-$0.36 from previous guidance of $0.45-$0.47 (Multex consensus $0.47). For Q3, co sees a loss of $0.11-$0.13 (consensus -$0.08). Puts Q4 earnings at $0.35-$0.37 (consensus $0.39). "The promotional environment for the back to school period has been very high and we have reacted with increased price promotions in our stores, which has led to lower than expected product margins."

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