SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Time to buy Chico's

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Walk Softly who wrote (9)6/6/1998 9:15:00 PM
From: Gary Vanier   of 36
 
Chico's had a very upbeat conference call after their release of earnings. Raymond James raised their estimate for this year to $.73 and $.90 for next year. Their second quarter estimate is $.25 followed by $.18 and then $.02. Dillon Reed raised their estimates to $.76 and $.98 next year, $.26 second quarter, $.18 third and .04 fourth. Both research updates had nothing but praise for Chico's turnaround and both have rated it a strong buy. RJ has set its target at 15.00 whereas Dillon thinks stock will reach $20.00. I'm in the $20.00 camp for I feel there is upside potential $.07-$.10 for this years estimates. Wall Street is dying for a good story to bite their teeth into and Chico's just might fit the bill. One must be impressed with the volume the past few days and it looks like retail stocks are back in demand. Chico's is still cheap today.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext