Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Shadow who wrote (11291)	8/27/1999 10:38:00 AM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Yes, Shadow. . . not too crazy about their financials. . .and because it is primarily a retailer, the same store sales and earnings are a big part of valuation. SSS were mostly flat. Earnings suffered after closing 2 superstores. . . question is: Why did they need to close those two Superstores? They did get a little bump in activity, but are still very thinly traded. Float is half that of HAUP . . at 1.3 mil . . .meaning it could run hard and fast if someone were to light the ignition. But I don't see any compelling story to get that ignition lit. The insider buy was nice. . . but then summer is historically the time when CEOs, directors, etc buy and sell shares. Not seeing any real momentum or story. . . just a good retailer at a good undervalued price. . . we would need to see several quarters of increasing same store sales before any excitement can be generated. Store already has launched its website. . .and is not claiming any noticeable difference in revs. I hope all this helps. Rande Is