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Non-Tech : Sunglass Hut RAYS- Will it ever breakout?

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To: Steven Angelil who wrote (442)8/20/1997 10:51:00 AM
From: marc chatman   of 971
 
Nice opening today. Kind of reminds me of Aug. 6 (day before sales report) when RAYS closed up nearly 1/2.

Here's an interesting link.

stocksmart.com

It shows history of earnings estimate revisions; a gradual decline. Last downward revision a few days ago. Let's hope the company has given good guidance to the analysts. It would be embarrassing especially for the broker giving the recent upgrade if RAYS misses estimate. Is Hauslein savvy enough to avoid embarrassing his analysts? All his moves recently seem to indicate he is, and he has an investment banking background so should know well how to play the game.

MAC
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