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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: t2 who wrote (926)2/6/2003 7:25:56 PM
From: LTK007  Read Replies (2) of 11447
 
I think so and because this is just a developing trend of outflow, it really has been but a rivulet of outflowing the past year; i think we will see a flash flood river before all is said and done.
Sears warns---a major miss on this one
<<Sears: Earnings Will Miss Expectations

By HERBERT G. McCANN 02/06/2003 18:53:48 EST
Sears, Roebuck and Co. said Thursday that its January sales showed a steep decline, and a company executive said the retailer's first-quarter earnings would fall short of expectations.

Sears chairman and CEO Alan J. Lacy said he expects first-quarter comparable earnings per share to be between 50 cents and 65 cents per share. Analysts polled by Thomson First Call had expected earnings of 87 cents a share.>>
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