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Non-Tech : Bombay (BBA): Time for a run up?
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To: David R. Schaller who wrote (119)5/21/1998 11:17:00 PM
From: needawin  Read Replies (1) of 202
 
Earnings were in line with expectations, however, the inventory problem suggests buyers are not doing a good job or marketing is poor. This concerns me in that it probably doesn't get much better in terms of home sales and low unemployment. I'm afraid management continues to do poorly. BBA will at some point do better but inventory overhang will hurt profits in the near term.
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