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Non-Tech : PCTY Party City Corporation

PCTY 138.49

-1.7%

12:56 PM EST

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To: lanac who wrote (12)	4/9/1998 11:04:00 PM
From: JCS	of 26

I bought it a little over a year ago at about eleven adjusted for the split. I bought it because of huge sales growth reported even though earnings were anemic. I visited a store and saw the margins they are getting and had hope. Watched it drop, stagnate, and then take off. I've sold off about half to take out my original investment plus. I'll hang on to what I have unless the fundamentals change. Adding more company stores and a nice increase in same store sales just reported today. I recently bought a little FCPY which is in the same business, but their business model doesn't look as good as that of PCTY. PE is lower however and maybe they are getting their act together. Best of luck to you. Sorry for the long post. biz.yahoo.com

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