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Non-Tech : Delias (DLIA)

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To: drakes353 who wrote (263)4/18/1999 4:16:00 PM
From: Mad2  Read Replies (1) of 367
 
Drakes,
Wanted to thank you for your post of 4/10
Message 8819867
Your comments on turns provided the bear tracks to a excellent short
Best regards, Mad2

PS
from DLIA's 3/31/99 news release
NEW YORK--(BUSINESS WIRE)--March 30, 1999--dELiA*s Inc., (Nasdaq:DLIA - news), a leading marketer to Generation Y, today announced preliminary results for the fourth quarter ended January 31, 1999. For the fourth quarter, the Company stated it expects to report sales of approximately $59 million, and earnings per share of $0.21, in line with analysts' consensus estimates.

The Company noted that it enjoyed strong demand for dELiA*s holiday merchandise through its catalog and web sites. dELiA*s also stated that it was pleased with the performance of its recently acquired Storybook Heirlooms catalog and the improvement at its TSI Soccer subsidiary over the prior year. However, the Company said its Screeem! subsidiary continued to experience softness through the fourth quarter.

the problems with Screem are evident in their 3rd Qtr 10 (see page 11 citing the past 7 quarters results)
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