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

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To: Steven Angelil who wrote (700)11/20/1997 8:27:00 AM
From: marc chatman  Read Replies (1) of 971
 
Well, it's official, James Hauslein has no idea how to run a business, at least in my opinion. He has had plenty of time to rework the company's cost structure. Sales overall are up. Even with discounted prices, there is enough bargaining leverage to pass on the problem to the even more desparate companies who make the sunglasses.

I can only conclude that Hauslein cannot or is not willing to fix the company. He should sell it, but my guess is that he doesn't want to part with his "toy." I called it right last summer when I said that Hauslein had no intention of finding a new CEO. Wish I had been wrong.

And screw his lame excuses. I'm sick of his excuses, and, sadly, I'm sure any remaining institutional shareholders must be sick of them as well. In a prosperous economic environment, this guy can't succeed. Can't wait to see how he does in a recession. I just hope he can keep the company in business long enough to see a recession, because this will be one great short opportunity with Hauslein at the helm.

Probably, this stock will get dumped big time at the open.
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