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Non-Tech : Cost Plus (CPWM)

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To: Wolfram who wrote (23)12/4/1997 11:12:00 PM
From: George Sepetjian  Read Replies (1) of 74
 
Up a point-back to 35.
I don't know what your investment style is but this is the kind of stock you just want to hold for awhile for several reasons.
1. The short-term fallout of the asian currency mess is GOOD news for CPWM. This is going to lower their cost of goods 3-6 months out which will help their bottom line directly with increasing profit margins.
2. This is the kind of stock-small & unknown to most money managers-MM that will eventually show up on their radar screens. Investment success is being able to get in early & let it ride. Increasing sales,increasing number of stores,experienced management are all in place.
3. The retail sector is performing very well.

Hang in there-if you don't have any better investment ideas, then you don't have a reason to sell.
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