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Non-Tech : Gymboree "GYMB"

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To: Labrador who wrote (92)4/9/1998 5:47:00 PM
From: Valery Portnov  Read Replies (1) of 189
 
I have a rather small position in GYMB; I am not sure $21 5/8 is the bottom but I would not sell this stock at this time. They clearly indicated their desire to change things by creating 6-12 yo concept.
If they can execute their plan without creating a huge debt or/and stock dilution they will be in a better position in a year or so. So rather than selling I might consider buying on weakness. I know this investment style is not popular today, but who knows - things change on Wall Street.

Good luck.

Val in SF
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