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Non-Tech : PETM - Petsmart -- Ignore unavailable to you. Want to Upgrade?


To: JSB who wrote (1388)8/12/1999 3:24:00 PM
From: Debra Orlow  Read Replies (1) | Respond to of 1508
 
Being a long-termer here, I have 2 thoughts to add::::

1) The downgrade supposedly had to do with P&G's acquisition of Iam's. Give me a break. What % of PETM's revenue comes from Iam's? Also, competitor Hill's is the leader in the premium brands anyway.

2) $5 is critical to hold. Margin requirements and all. The big boys tend to stick around if the price holds $5.

Just my 2 cents...