Sunglass Hut RAYS- Will it ever breakout? Message Board

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

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To: Justin Pressley who wrote (517)	8/22/1997 7:52:00 PM
From: Duke	of 971

Re: "Why the hell didn't they wait to come out with the news of closing of more stores for another day or two?" JP, I was thinking the samething yesterday morning, why they sent out all the negative news on the top of bad earning in the same morning. That makes the stock looks ugly. Could they wait til the new CEO is announce or at least few days after the selloff. I guess the management want a clean cut, let it fall all in one then hopefully it bound back instead of prolong the negatives tones the result may be more worst. Too bad RAYS is closed today lower at 7.53, part is because of the market "Friday frights" (I think). Hopefully we start the new week with 7 3/4 or more. Good luck. Duke

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