Can you beat 50% per month? Message Board

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Strategies & Market Trends : Can you beat 50% per month?

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To: Smiling Bob who wrote (10100)	6/1/2006 1:10:31 PM
From: Smiling Bob	Read Replies (1) of 19256

SHRP -13.29 bid should be much, much lower Even the founder and CEO crying the blues. Probably shorting with news like this ---- Sharper Image hopes Father's Day will slow sales slump Thursday June 1, 12:07 pm ET Richard Thalheimer, the founder, chairman and CEO of gadget seller Sharper Image Corp., said Thursday he hopes new products going on sale for Father's Day will slow a drastic decline in the company's sales. San Francisco-based Sharper Image (NASDAQ: SHRP - News) said Thursday its total sales fell to $33.4 million for the month of May, a 27 percent drop from total sales of $45.6 million a year ago in the same month. Same-store sales, an important measure of a retailer's health, fell 36 percent in May. Catalog and Internet sales also fell. Year-to-date sales were $137.4 million for the four months ended May, down from sales of $186.8 million a year ago. Thalheimer said in a press release that his company hopes 45 new products, including a device that turns tap water into a germ killer, will revive its sales. Published June 1, 2006 by San Francisco Business Times

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