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To: HG who wrote (91362)	1/18/2000 4:59:00 PM
From: H James Morris	Respond to of 164684

>ELON - Did you buy some ??? I did ! Happy, I bought Elon 03/25/99 @ 9.0 Btw, that was a William lead. >Can you now weave your magic on CNRS please ?? I've held it for almost a month now !!! I bought most of my Cnrs 12/20/99 @ 8 7/8, and still own it. >No ! I'm not buying CHIC - not even at 13 ! LOL I sold all my chic going into earnings 01/05/99 @ 20 5/8. I also tried to buy it back today @ 13 again, and missed it by 1/8th of a point $%#$%^!! > SAN FRANCISCO--(BUSINESS WIRE)--Jan. 12, 2000--Robertson Stephens Managing Director and Senior Specialty Retailing Analyst Janet Joseph Kloppenburg, a 1999 Wall Street Journal All-Star Analyst, today raised estimates and reiterated her Buy rating on Charlotte Russe Holding, Inc. (NASDAQ:CHIC). Charlotte Russe is a leading-branded-specialty retailer of moderately priced contemporary-women's apparel in the mall today. "We are reiterating our Buy rating on Charlotte Russe, following the company's announcement of better-than-expected fiscal-first-quarter 2000 financial results," said Kloppenburg. "The company reported an earnings-per-share of $0.23, versus $0.15 during the same period last year, well ahead of our $0.18 estimate and representing 52 percent earnings growth. Including an extraordinary loss related to the early extinguishment of debt, earnings-per-share was $0.22." "In our view, upside to our estimates was due primarily to much better-than-expected sales, as total sales rose 36.8 percent to $62.9 million, driven by a strong 6.4 percent comp gain, ahead of our original 2 percent estimate and fueled by equally strong sales at both the Charlotte Russe and Rampage concepts." "Due to better-than-expected results, we are raising our fiscal 2000 and fiscal 2001 earnings-per-share estimates to $0.75 and $1.02 from $0.69 and $1.00, respectively, and believe these estimate may prove conservative as well," said Kloppenburg. Clients interested in receiving more information should contact their salesperson at (415) 781-9700.