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

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To: Archie Bunker who wrote (258)2/20/1997 12:11:00 PM
From: Michael B Williams   of 619
 
Gee Archie who appointed you God?

I was pointing out to Lynda that I felt, and I believe I do have the right to express an opinion, that on fundamentals Companies like Ann Taylor and Paul Harris do not have the as good of basics as Claires stores. Obviously you have your "sacred cows" which at the moment are doing quite well. I think it does remain to be seen if they will do well in the long haul.

In my opinion Claires Stores does not seem to have these kinds of issues hanging over its head, so in my view the fundamentals of Claires is much more desirable than Ann Taylor with its huge debt of some 350 million and questionable management practices as to Claires stores with zip debt and as far as I see squeaky clean management. I think if one is investing in the long term that one would want quality rather than a flash in the pan that is gone after the initial hype has died off.

Like they say Archie: Opinions are like -------, everyone has one.

Thanks for yours.
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