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

To: Dan3 who wrote (305)6/4/2000 1:18:00 AM
From: J.Y. Wang  Respond to of 335
 
The slaughter of the apparels reminds me a lot of the absolute massacre the oil services firms (FLC, GLM, RIG, SLB, DO, etc.) took about a year and a half ago. Check out their charts. There were serious discussions about whether companies like FLC would declare bankruptcy. The oil services firms came back -- people need oil. The apparels will come back -- people need clothes.

Stocks tend to over-correct, both ways. Stocks like ANF, AEOS, etc. will come back



To: Dan3 who wrote (305)6/6/2000 10:22:00 AM
From: KyrosL  Read Replies (2) | Respond to of 335
 
Bought a bunch of ANF in the last few days and am adding more this morning. I think it's too compelling a bargain to wait any longer.

Kyros


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