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Non-Tech : Claire's Stores (CLE) NYSE
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To: Archie Bunker who wrote (102)1/8/1997 1:51:00 PM
From: BYRON S DOHERTY   of 619
 
In regards to the Presidents Options.....
These options where not purchased by him. After talking to my broker,
it is common practice for companies to include options as part of a bonus, at years end. I would not lay your bets down based on the fact that the president purchased options. But In my OPINION with no factual basis, it would be logical to include options with a bonus, if the company is going to predict good earnings for Christmas and Fiscal year, which is due Mid Feb.
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