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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (67463)	2/26/2001 11:39:24 AM
From: RockyBalboa	Respond to of 122087

Yea thats mad. But that it halves the stock, who thought that.... witha li'l help from the news bites and ... what happened last week??? People can't pay, return goods??? Or what? Btw INCA was busy on the brief the whole time. After some 250k shares they are finished for now, and I covered. It is like counting cards. PIPR has some shares to sell, as we earlier supposed, and NEED poses as an axe, don't know where they got the shares from... J.Jill sees first sign of waning demand, shares tumble QUINCY, Mass., Feb 26 (Reuters) - Women's apparel and footwear retailer J. Jill Group Inc. (NasdaqNM:JILL - news) on Monday reported higher fourth-quarter sales and earnings, but said it saw its first sign of waning customer demand last week. Shares of J. Jill tumbled $7-1/2, or more than one-third of its value, to $15 in morning Nasdaq trading after the announcement. The stock's 52-week range is between $3-1/8 and $30-1/2. J. Jill's net income for the quarter ended Dec. 30 was $6.7 million, or 63 cents per diluted share, compared with a net loss of $1.5 million, or 15 cents per share, in the comparable period of the prior year. Net sales surged 44.4 percent to $88.4 million from $61.2 million over the same period. Despite recent indications of a slowdown in consumer demand, the company is maintaining its 2001 fiscal year financial targets, but due to the uncertain economic outlook, it is providing quarterly estimates for only the first quarter. It expects first-quarter earnings of 4 to 6 cents per share, based on an expected net sales increase of between 28 and 30 percent.