Abercrombie and Fitch Message Board

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Non-Tech : Abercrombie and Fitch

ANF 70.11

-0.4%

Nov 6 3:59 PM EST

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To: Feraldo who wrote (4)	1/8/1997 8:00:00 PM
From: Susan Saline	of 335

Hi All: All is not lost, see the following news release: biz.yahoo.com I have been watching Abercrombie and Fitch ANF since it was IPO in September. After hitting high of 27 shortly after start of IPO (at $16.00) it has dropped off to current 12 5/8 today. Initially I did not buy it because a broker said the PE was too high compared with other specialty stores. So I thought I would watch it. I never expected it to fall as low as it has. They had a 200% growth in revenue, FA is also good. Today after the market closed, the company released a letter to shareholders confirming a very good christmas season, with earnings expected to be the same as wall street estimates. This is great news. So-- I am thinking the stock will rally big the next few days. What do you think. Susan

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