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

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To: Steven Alter who wrote (10)10/15/1996 11:01:00 AM
From: John Miz   of 619
 
That's a good question Steve. You follow the sector, so you're probably better equipped to answer that question than I am. But let me take a shot at it. It could be a matter of analysts talking positively about a stock and giving it coverage. Oppenheimer started Nautica out with an outperform rating Oct. 8th. A Montgomery security analyst had some positive things to say about Wet Seal Oct.9th. Tommy recently signed a licensing agreement with an eyewear company to produce a line of men's sunglasses. Jones, I don't know anything about. So it may be a matter of company's being in the news, and getting positive analyst coverage. Claire's I believe has at least 4 analysts that cover the stock. Two rate it a buy, 1 an accumulate and the 4th a hold. And none of them to my knowledge has said anything about the stock recently. So I think it may be a matter of which stocks get the coverage. What do you think?

John
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