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Non-Tech : Tommy Hillfiger 1997 (TOM)

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To: Francis Chang who wrote (143)7/29/1997 11:27:00 AM
From: Brian Pastor   of 183
 
Upgrades are likely today or tomorow. They beat the street by .05 (.46 - .41) in a time when everybody was saying retail was tough and noone expected them to make their number. There were alot of questions answered in the affirmative about the strength and viability of the TOM brand and its new ventures with this earnings report. Now that TOM wis heading into the strongest portion of the year - back to school and holiday sales, its stock is poised to head up strongly and fast. In addition, if it finishes above 46 today, it will have broken strong resistance and will be free to move up to 55 range in a short period of time.
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