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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (22005)	9/22/1999 12:14:00 AM
From: AlienTech	Respond to of 43080

JILL MORE LAYOFFS TOMORROW 9/22 by: dyke_investor 2189 of 2194 7 folks from the Nicole group will be laid off tomorrow. It's kind of shitty how everyone in the company but the seven actually getting the ax know already. Only 40 were laid off from distribution earilier this year, not 400 as posted earlier. The distribution lay-off is not alarming, esp. with online synergies/efficiencies and normal retail seasonal cycles. I would still accumulate at current levels, and maybe even more aggressively if the 7-additional-layoffs news temporarily shocks prices down further. I think all in all, JILL is not managing its growth well, and investors erroneously took rosey CF/sales projections at face value. But things can't get any worse. Buy as much as you can now and sell when you double your money at $9/share.