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To: EyeDrMike who wrote (7267)6/8/1999 9:55:00 PM
From: American SpiritRespond to of 118717
 
BEBE - 40% growth rate from 98 to 99, 33 mill to 46 mill revenue.
No signs of slowing down. And expanding internationally. Have traded it several times this year all (until my current holdings) profitably. Is a volotile stock and sometimes drops several points at once without explanation (a fund divesting?). Has always popped right back and kept climbing until this past week when it kept sliding. Whatever the explanation I don't think anything's wrong with the company. In fact a poster on Yahoo who knows two Bebe employees reports booming business and everyone working overtime to fill the demand for the products. I remember my ex girlfriend gaga over Bebe. Bought her a few things and had to stand in line at the register for 20 minutes. Girls of all ages, ethnic types and sizes. CEO/owner has most of the stock personally which doesn't leave a lot of trading shares. Hit 50 recently then has come down like a rock. Hit 24 today which was recent low-low and now PE is only 27 (S+P average) for a company growing at more than twice the average. Being wounded as I am buying in the low 30's recently I hesitate to hype, but I cannot see how this stock will do anything but rally up room here. Even at 50 it's not unreasonable. Robbie Stephens reiterated buy today which might help. Summer should be hot sales for Bebe - then on to Christmas.