Bradlees Message Board - Msg: 7778078

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Non-Tech : Bradlees

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To: Father E. who wrote (27)	2/11/1999 1:30:00 PM
From: Bosco	Read Replies (3) of 38

G'day F.E. - while it is true the retailers like BRADV [mall based] are weather bounded, many of them are very seasonal. With all those warehouse style outfits [including Wallmart] muscling in their traditional space and urban retailers like the drug store chains eating into the nondurables really putting the squeeze. As I have said previously, being a former HDS shareholder [RIP!] it is a tough biz. OOH, it has to broaden its merchandise to keep the traffic coming - even in rainy days! OTOH, it has to tighten its inventory to keep the COGS low. AMES is really an exception. And the problem with S probably won't be a help for BRADV. Just my 2c <g> Stockwise, selling has stopped. It could be some creditors have unloaded the stock [or short against the box.] However, if Yahoo is corrected biz.yahoo.com the debt level [anything else besides BKB $270MM?] is quite substantial. Unless the stock price dip to 1 or 2, I'd rather wait to see the detail financials before I leap best, Bosco best, Bosco

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