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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (36057)2/1/2002 3:47:53 PM
From: dlu  Read Replies (1) | Respond to of 68096
 
Harry....The one on the list that rather surprises me is #13, Hot Topic <HOTT>. I have teenagers that shop there now and then so I have followed the stock somewhat for that reason alone. They sell some very specialized, off-the-wall-type merchandise... goth, punk, metal.. some very 'different' merchandise <and it isn't cheap!>. I see they are branching into new area.. plus-size teens that like this quirky stuff. I guess that's good <not any of these type stores around that I've noticed>. This another one of those PNRA-type blooper for me. I have watched, somewhat astounded that they have continued to do as well as they have. I guess the part that has made me hedgy is that they cater almost exclusively to teens.. they change their preferences at a moments notice and it has always struck me that one day I will be at the mall and Hot Topic will be a ghost town <g>. As long as they blow with the wind I guess they will do ok. The stock has already split 3 times... hmm... Don't own it, don't plan to.

FWIW, I read from someone here that they purchased TYC as a long-termer.. as did I the other day. I think we will do ok.

dlu