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To: IceShark who wrote (28317)10/14/2000 4:24:10 PM
From: Earlie  Respond to of 436258
 
Ice:

Couldn't agree with you more. This stock has all the appearances of an accounting scam.

I dug into it a year ago, but couldn't find anything that I could commit to print (legal actions are expensive). I did come up with a peculiar odour regarding the lease scene as well as the stores themselves, where much is being capitalized. The company has been on a store-opening binge this last two years. I'm sure the expense line would look a bit heavier and the "assets" a bit lighter if normal accounting was employed. I have been into several of their stores and for the life of me, I can't see how they make any profits.

Best, Earlie