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Non-Tech : GUCCI (GUC) EXPLOSIVE GROWTH!

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To: Fred Fraschetti who wrote (32)5/7/1998 3:07:00 AM
From: Chris  Read Replies (1) of 40
 
Fred, RE: Options and stuff

My play with GUC would be with long term options (LEAPS) either 2000, or 2001 when available. I have been watching them for 6+months. Just didn't have the cash when I felt it was a good time to purchase. Now that GUC is hanging in the $46 range, and asia does not look to be improving anytime soon, it still seems like there is some downside risk in the next couple of quarters.

I have not been following them closely enough to know about fragrance revenues. I would read the SEC filings and request an annual report. Yahoo would be a good place to start, and CBOE.COM for option prices.

Chris
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