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

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To: Steve who wrote (70)12/24/1996 6:55:00 PM
From: BYRON S DOHERTY   of 619
 
Archie, I did some investigating and their was alot of institution selling for loss. I noticed at times their were clumps of 40k volume and ect being dumbed on the market. I have total faith that during the next quaterly report that CLE will meet their expectations. I have lost alot of monies, but I am taking advantage of these swings and purchasing more stock. I have heard several of you on this thread stating that when a claire store was visited, it was very busy. It is in Montana as well. Talked to the manager at the local store here and they are hitting 50% above compared to last year. The small investors also have been contributing to the drop being a little concerned of this 5 day difference in shopping days, and dropping out because of the percentages, but if you take in account those five extra days and corelate them to last year. They are doing pretty good. (My Opinion of course).
Happy Holidays
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