Bombay (BBA): Time for a run up? Message Board

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Non-Tech : Bombay (BBA): Time for a run up?

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To: wallstreetbull who wrote (88)	3/9/1998 8:58:00 PM
From: David R. Schaller	Read Replies (1) of 202

Sam, I figure that b/c of the asian currency devaluations their costs will be going down. I didn't figure that they would have seen the effect of the devaluations at the bottom line yet. Since they have twice stated publicly that their margins have been improving..they must be expecting these improvements to show up in the current earnings. Otherwise they will have egg on their faces (not the first time) If their operating margins have increased by only 2%..I think we could have a shot at $.50 I was somewhat surprised to see BBA rated #4 out of 14 specialty retailers. Makes me think things have really turned around. I wasn't too concerned with the Feb sales #'s b/c one month can be very dependent on when holidays fall, weather, and # of Saturdays in a month etc. At least we don't have long to wait. Good investing, Dave

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