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Non-Tech : PSUN A new breakout at $30+!

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To: Labrador who wrote (701)12/19/1998 9:08:00 PM
From: Adelantado  Read Replies (1) of 1622
 
I disagree that PSUN is making mucho $$$. While analysis predict big $$$ in the future, this quarter est. is off 26% from same quarter last year. This coupled with the overbought condition last summer brought this fairly good company back to its knees. I believe that managment is now open eyed, scared of a take-over and better start hiring fashion advisers to get enough sales to support all those new stores. Watching what teens wear, being there with the goods at reasonable prices without investing in too much inventory is a good way to start. Repurchase of some of those loose shares can only help.

Joe
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