Claire's Stores (CLE) NYSE Message Board

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Non-Tech : Claire's Stores (CLE) NYSE

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To: Chuzzlewit who wrote (466)	12/6/1997 6:25:00 PM
From: Irene Lynn	Read Replies (1) of 619

Hi Paul...Don't get me wrong. I'm not saying Cle isn't good to get in...not at all...it's the timing for me...It appears that the trend is downward although I'm sure for short term....maybe a few weeks only...unless there is some hidden reason we aren't aware of. I totally agree if all is true about cle growth which your points on asia is something to consider..it could do better than anticipated. The long term charts on cle is excellent..however, I notice this time last year it sold off at the end of december but picked up in January to double by November. So the question is...why is it going down with good news..and a good market turnaround? Like I said..been there.. done that.. on companies doing great and having great projections and it ended up being either upper management or something with their accounting that contributed to major selloffs. Not saying that 's gonna happen. Tech analysis does tell a picture and it should have regained it's losses after that good news about November sales....and why aren't they buying the stock back?...Maybe for an aquisition?..And if that's the case...a stock normally will go down....I'm just asking the questions...not saying one way or the other...unlike the debate that was going on here. And one shouldn't fall in love with any stock...been there..done that! <GG>...But I'm watching it and feel that if the market is turning around...cle should be going up..not down?..right? At least regaining back to 22....I thought it was going to go forward and break a 52 week high...I forget what that was offhand..maybe 24...and I was prepared to jump on board...anyhow..not putting the company down...just asking questions..cuz my 12 yr and her friends have contributed a lot to Cle's earnings for December..In fact...they're off to the mall now... happy trading.. irene

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