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Non-Tech : Cost Plus (CPWM)
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To: Wolfram who wrote (58)5/22/1998 4:01:00 AM
From: George Sepetjian  Read Replies (1) of 74
 
I did make a buy.

I bought 200 shares on tuesday @ $31 3/8 thinking the selling was over. Hoping for a quick rebound as a short term trade. 5 straight down days. This will pass. My timing is not perfect-who's is? You just have to go with your feelings sometimes.
No analyst downgrades, no slowdown in building more stores,favorable import costs.
Regardless, I'll just sit on my hands if it does drop knowing at this stage that earnings just came out & management gave no warnings about earnings slowing down.
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