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To: re3 who wrote (56586)8/16/1999 2:16:00 PM
From: RJL  Read Replies (1) | Respond to of 86076
 
I don't know about Eatons Ike. Real low now, but still a worrisome play IMO. I wasn't pleased with them coming out about a year ago after the re-negotiations to clear up debt showing off their new Canadian attitude by sending out free shopping bags in the Globe with a big fat Made in the USA sticker in the middle. Killed their credibility.

Too bad though. Used to be a great store.

Rich



To: re3 who wrote (56586)8/16/1999 2:58:00 PM
From: Pierre J. LeBel  Read Replies (1) | Respond to of 86076
 
SHORT EATON'S

At Cdn$ 0.90 or so this afternoon (down from $ 15.00 a year ago) Eatons is a perfect short with very little risk. It is going bankrupt for the second time and will NOT come out of it.

Suppliers are NOT shipping and Eaton's even closed their receiving department this morning.

It is sad to say but... GOODBUY Eaton's.

Pierre

PS - Yes, they had a special stamp booklet issued for them in 1994. Very few left on the market. Currently available at US$ 10.00 each or Cdn$ 15.00 (plus postage).