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Non-Tech : BFCI - Braun's Fashions

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To: Jim Spitz who wrote ()8/29/1997 11:43:00 AM
From: Ajay   of 88
 
UPDATE!

BFCI will release their retail report on Thur Sep 4th. Mgmt indicates that sales are again over plan.

All new stores are now open except 1. There is also a research report that will be coming out soon by another firm (it's in the drafting stage). And mgmt is going to NY next week again to meet with more institutions. Like any retailer, the fall is their best quarter and since the stock is still extremely undervalued, one should consider getting in before the train really departs. Good trading.

Ajay
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