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Non-Tech : Time to buy Chico's -- Ignore unavailable to you. Want to Upgrade?


To: Mr. K who wrote (21)7/24/1999 11:52:00 PM
From: Gary Vanier  Read Replies (1) | Respond to of 36
 
Mr K sorry to respond so late but haven't paid too much attention to SI with CHCS. This stock is worth a minimum of 25X this years earnings of $1.50 or $37.00 right now. I assuming next years numbers of $1.90=$47.00. What CHCS needs is for another major brokerage house to start coverage and it would be nice for the founders to quit selling stock off. How about CHCS's doing a secondary where the insiders could sell everything they would like to sell and company could rise $20 to $30 million for future expansion? Then we could get companies like Alex Brown and Montgomery interested.