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To: pater tenebrarum who wrote (56585)8/16/1999 2:04:00 PM
From: re3  Read Replies (2) | Respond to of 86076
 
any canucks on board ? the T.Eaton company just slipped under a buck...for those who don't know this company, Timothy Eaton was a legendary retailer who built a Canadian retail institution with stores all over canada...the company was floundering and then ipo'd last summer at $ 15...they ditched hard goods in favour of focusing on fashion, etc...the company has continued to bleed red ink and it seemed its only hope was an American co. to buy them out, primarily for the locations...well, here we are under a buck from 15, all in one year...this was a shop many Canadians swore by, and some refused to even consider shopping elsewhere if anything was available at Eaton's...Timothy Eaton is on a Canadian stamp...of course my old full service broker was involved in the ipo , and had a 3 yr target price of $ 22...

psssft

ike