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Non-Tech : Tommy Hillfiger 1997 (TOM)

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To: Uncertain Walker who wrote (162)8/6/1997 6:56:00 PM
From: Brian Pastor   of 183
 
46 - 47 is a crucial level for TOM - if it breaks out - 55 will come rapidly. I think portfoilio managers, as one I just saw on CNBC today, are now looking toward retailers which always come into favor this time of year. Of all the retailers, TOM is likely the most attractive with its unusally low P/E (19 when RL, NAUT and GUC are around 25). Tomorrows retail number will be omportant to the direction of this stock. It looks as though with positive sentiment with RL, NAUT and TOM beating earnings and when they are coming into their strong season, I think the good bet is long on TOM. I am out right now so have nothing to gain either way.
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