Claire's Stores (CLE) NYSE Message Board

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Non-Tech : Claire's Stores (CLE) NYSE

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To: Chuzzlewit who wrote (409)	8/29/1997 11:17:00 AM
From: Archie Bunker	of 619

I think the excuse about the UPS strike is a little weak, Back to school deliveries are completed in late June early July not August. Sounds like the merchandising team miss the fashion trends for Back to School, most likely Sept, Oct, Nov, numbers will be down and then they'll have to markdown goods, lower profits. Every 2-3 years the merchadising team burns out and there is a need to re-load. you will see 15 before we see 24 again. I'm thinking about getting short because they will hit this baby hard... last Dec went from 25-9.50 it was ugly.... I've owned this stock for 15 years, up and down..great stock to short....

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