Claire's Stores (CLE) NYSE Message Board

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

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To: Chris Nevil who wrote (552)	4/30/1998 9:48:00 AM
From: Archie Bunker	Read Replies (1) of 619

Chris, if you are a long time holder of Claire's you are well aware the COO has little or no power, the decision maker and driver of the business has always been RS. COO have short life cycles, the constant has always been RS. To me this is a trading stock, I'll go long or short, they make mistakes,correct them and makes us money both ways. I have to say i'm a little nervous about the Rags deal, this business has lower margins, higher markdowns. I bought in the last $12 cycle and pile some on when the the last COO got canned. I'm fat and happy, lets see how the same store sales come out in April and if they start delivering catalog goods and how many come back. Have you checked out Pauh, this is also another former COO of Claire's its ready for a move. I'm long and thinking of cashing in Claire's and buying thatWalter

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