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Non-Tech : Cost Plus (CPWM) -- Ignore unavailable to you. Want to Upgrade?

To: Wolfram who wrote (70)	7/9/1999 2:30:00 AM
From: George Sepetjian	Respond to of 74

Good to hear from you. Having sellers regret? My advice is to not look back. You can buy it anytime you want. Granted, it's P/E has now climbed to almost 50. That's high. I'm dumbfounded by its huge rise today, but then again, CPWM did announce they expect earnings to be 50% higher than was expected for the quarter. Volume was not real impressive though. Of course I expect it to give some of these gains back. Let your winners run does take some discipline. But the story on this stock is not changing. The only thing that will derail it would be a downturn in the economy and that just doesn't seem to be in the cards at least thru the end of the year.

To: Wolfram who wrote (70)	7/9/1999 3:18:00 PM
From: George Sepetjian	Read Replies (1) \| Respond to of 74

This was to be expected: Cost Plus Inc. Cut to L-T `Attractive' at Wedbush Morgan Princeton, New Jersey, July 9 (Bloomberg Data) -- Cost Plus Inc (CPWM US) was downgraded to long-term ``attractive' from ``buy' by analyst Joan Bogucki at Wedbush Morgan Securities.