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Non-Tech : Abercrombie and Fitch -- Ignore unavailable to you. Want to Upgrade?


To: Adam Nash who wrote (281)2/16/2000 7:00:00 PM
From: SC  Respond to of 335
 
Big increase of Account Receivable related to past quarters was mentioned on FOOL.COM. Anyone got an answer for this?
The earnings report listed it as 11.4 million (vs. 4.1m a year ago and 4.0m for the previous quarter). Relative to the total 367 million of sales it is not too significant relative to the total 367 million of sales.
Should there be a concern for this big increase in percentage? What's the explanation?

Bought some small portion today.



To: Adam Nash who wrote (281)2/16/2000 7:23:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 335
 
No answer to your questions ... am sorry ...

from past experience with my own past 'divers' .... it takes from 6 months to a year for one to recoup from the dive.

38 will be a year
26 .... probably several months.

But I see very little downside from this point ....

I ask myself ... when I hold too long (which I often do) will it come back? or is it going out of business (any stock) .... if I had liked it at the 30's and bought more at the 20's .... well ... the only time this has failed me, was when it was a crap company to begin with..... so what has changed that would cause one not to like it ... 'cepting for the fact that the stock price has gone down?

This is also a 'sector problem' ... as I mentioned previously.

It is now very oversold and ... at this point undeserving of a 15 dollar price tag ...
Risk:vs:Reward at this point the reward is of much greater value than the risk

IMHO

and am very sorry for your price paid ... no consolation, of course ... but we have all been there ... and I always feel patience will prevail

carpe dieme