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To: christopher who wrote (21799)3/7/2000 11:31:00 AM
From: American Spirit  Read Replies (1) | Respond to of 57584
 
Okay I'll comment on retail. BEBE's SSS numbers today were very good, an upside surprise considering the doom and gloom everyone has read into the stock's plummet. ANF is up today and is indeed a cash king. In fact both stocks are. No debt and lots of earnings. Maybe not quite as fast as last year but since the stocks have been chopped down by 2/3 they have to be seen as bargains, real bargain. Also Bebe's short interest is about 90% which means a nice short squeeze should be in order once the market stabilizes here. I continue to hold half my Bebe and Anf for better prices after selling half for cash and tax-loss. I am actually quite bullish on those stocks after seeing the Bebe numbers today. I expected negative growth and it's 22% up instead. Not bad at all. Thanks for the article.