Bombay (BBA): Time for a run up? Message Board

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Non-Tech : Bombay (BBA): Time for a run up?

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To: Stephen Steir who wrote (21)	9/2/1997 4:07:00 PM
From: Arnie Doolittle	of 202

<"Please correct me if I'm wrong."> Ok, Steve, you're wrong. Pier 1 and BBA are different animals, from the products they carry to the site locations they choose. I've followed (and owned from time to time) Pier 1 and they haven't set the world on fire, that's for sure. As to BBA, it's not the next NXTL. But it is a genuine turn around situation and it's from that angle that I like it. There's little or no risk as the company isn't going out of business. If the new products sell, the stock will soar and fast. That's it - the complete story. Cap gains isn't the issue, profit opportunity is. The holding period is another matter. Besides, the last time I looked, I wasn't in the 100% income tax bracket. Arnie

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