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To: H James Morris who wrote (140338)	3/8/2002 10:40:46 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164687

"--- Wal-Mart to Carry Keepsake Fine Jewelry Line This April Starting this April, more than 2,700 Wal-Mart stores will begin selling the Keepsake brand of fine jewelry. It will also be available online at www.walmart.com. The line will include bridal sets, fashion earrings and necklaces, and men's rings, and prices will range from $199 to $899. A spokesperson for Wal-Mart said the move was aimed at broadening the jewelry offerings available for Wal-Mart customers. "Up until now, our jewelry offerings went up to $399, said Rob Phillips, Wal-Mart spokesman. "But with the addition of the Keepsake line, it goes up to $899, so there are going to be some higher quality, more expensive offerings. We think a lot of our customers that shop our stores for milk or diapers or whatever else would also be very pleased to get the best price on bridal sets and fine jewelry. So rather than send them somewhere else, we'd sure like to keep them in Wal-Mart to make those purchases there.""

To: H James Morris who wrote (140338)	3/8/2002 10:52:53 AM
From: Oeconomicus	Read Replies (3) \| Respond to of 164687

Analysts expect Avici to post a loss of $1.25 per share this year, narrowing to a loss of 92 cents in 2003. Yes, expectations are very low, generally assuming that spending will not pick up in the sector for several years. Weren't we also supposed to have an "L-shaped" non-recovery in the economy? Anyway, >2 years of cash means no "busto" any time soon and, assuming their products address real needs (whenever customers are ready to spend again), one would think that an effectively free business could not stay both free and independent for long. Bob