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

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To: Alex Wulder who wrote (42)10/9/1997 2:18:00 PM
From: Arnie Doolittle   of 202
 
Alex, my comment is plain and to the point: Disappointment. Surprisingly, the stock didn't fall - yet. The new products were introduced in September and customers haven't flocked to BBA's stores, if they did they didn't buy. In BBA's defense, much of the new line is standard furniture, couches and the like, instead of carryout pieces. Based on my wife's buying patterns, it takes several visits to the store before purchasing big ticket items. So, hopefully, we'll see a pickup in activity in October. If not....

Arnie

P.S. I wonder why it's taking so long to find a new CEO. And why did the old CFO hit the streets?
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