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Strategies & Market Trends : Wire to Wire Daily Stock Picking

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To: CoffeePot who wrote (430)	5/27/1999 5:26:00 PM
From: Jeffrey L. Henken	Read Replies (1) of 3514

FASH - Coffee Pot - 3 mil Float - Bid $8.0 Ask $8 1/16 - Time to turn? Down a long way from the $13 IPO price last Friday: biz.yahoo.com FASH FashionMall.com @$8 1998 revenues $2,055,000 up approx 80% net earnings $14,000 Total shares OS 7.5mm Float approx. 3mm Cash in bank $35mm Current Market cap approx. $60mm book value approx $4.50 per share!!!! **The best part about FASH is that revenues are generated through charging rent to other apparel retailers on the Web, such as Gap Inc (NYSE:GPS - news), which buy space on the fashionmall.com site. I'm looking for FASH to be trading in the mid to upper teens by June CP

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