Claire's Stores (CLE) NYSE Message Board

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

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To: Paul Moerman who wrote (136)	1/9/1997 3:17:00 PM
From: Uncle Mikey	of 619

I would be very interested in seeing how the "specialty retailing" groups is doing overall and how CLE matches up. Value Line places CLE in this group. An interesting note: In the annual report I received for a holding I have in 20th Century giftrust the fund manager was explaining his stake in "Wet Seal" or something. In any event this company has targeted the teenage girl market, llike CLE has. He said that the number of stores targeting this segment have droped about 75% in the last few years - there are 3000 fewer stores - and it is a particularly hot sector - spendable money from mom and dad I guess. In any event this is the same sector CLE is in, so I suppose I'll hang around awhile. Mike

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