Sunglass Hut RAYS- Will it ever breakout? Message Board

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

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To: Gary who wrote (717)	12/5/1997 2:08:00 PM
From: Steven Angelil	Read Replies (2) of 971

Thanks for the good thoughts Gary. I'm not saying I'll never buy Hut again. If I do, it will be just to trade, not to INVEST in. Looking back, this at times has been a great trading stock for 1/2-1 point at a time, but lately it just seems to lay there. I agree they seem to be doing some things right with respect to hiring people from big time companies, cutting bad stores, slowing growth-but my problem has been the lack of bottom line results, which leads me to believe that Hauslein has got to go back to being the Chairman only. I always wondered why they never addressed a new CEO after their first announcement. Go back and look at their press releases over the last few monhts and there is NO mention of what their plans/intentions are regarding a full time CEO. That has caused some frustration as well. I must say, I feel somewhat relieved to be out from under this thing. Now I'm doing homework on some "safer" stocks. I am looking for a grocery store stock and a Rx stock. Any preferences Gary? Anyone? Good luck again, I'll be watching(from the sidelines) Steve

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