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

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To: marc chatman who wrote (593)9/9/1997 6:56:00 PM
From: Duke   of 971
 
Mac, in the last couple days, RAYS doing not that bad, kind of form a base and resistant at 7. We're now looking at uncertainty, RAYS can be either up back to 8 1/2 or down to 6 depend on untiming news coming up, in the upside such as New well known, smart CEO is announced, August SSS, hot products for Watch stations, another new record hit for box office movie with Michael Jordan and a punch of NBA guys wearing black shade in basket ball court, or Lens crafter buyout RAYS (as we talk about it before) who knows. on the downside we have a lousy SSS for all stores example, weather change into colder could hurts or it's effective by others company bad news like today with OO nobody can tell. Also another important factor can be consider: SUPPLY AND DEMAND; are RAYS holder willing to hold their shares for long term? if we have buyers more than seller, it's can drive the price up. Do you beleive that someone will pay high price for the stocks they like? Oh yes.

Again my point of view the RISK/REWARD scale now is at 60/40.

Just my thought, good luck to you all.

Duke
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