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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (4206)9/17/2002 10:34:14 AM
From: Smiling Bob  Respond to of 19256
 
FAOO- no volume to work with, still like as a short
KSS-72.01 short- enjoyed our brief Iraq jump, but economy is the real factor on market.



To: Smiling Bob who wrote (4206)11/9/2002 3:27:46 PM
From: Smiling Bob  Respond to of 19256
 
FAOO short did well.
Dropped about 45% in just over 3 weeks
Watch for any future spike towards 4. Though does look like it's heading down again anyway

Message 17997137
FAOO- big short- closed at 3.83 on 14,500 shares ...
-----------
Oct-11-02 2.05 2.70 2.05 2.65 42,800 2.65
Oct-10-02 2.18 2.50 2.18 2.44 5,200 2.44
Oct-09-02 2.22 2.94 2.01 2.45 66,800 2.45
Oct-08-02 2.30 2.40 2.01 2.40 60,500 2.40
Oct-07-02 2.50 2.50 2.25 2.46 15,600 2.46
Oct-04-02 2.65 2.75 2.35 2.55 37,500 2.55
Oct-03-02 2.79 2.80 2.60 2.66 12,000 2.66
Oct-02-02 2.90 2.97 2.58 2.60 31,000 2.60
Oct-01-02 2.61 2.90 2.55 2.85 63,800 2.85
Sep-30-02 2.80 2.85 2.62 2.85 49,300 2.85
Sep-27-02 2.81 2.99 2.80 2.90 427,000 2.90
Sep-26-02 2.85 3.02 2.76 2.96 143,800 2.96
Sep-25-02 3.00 3.03 2.90 2.99 11,200 2.99
Sep-24-02 3.20 3.20 2.93 3.04 22,200 3.04
Sep-23-02 3.15 3.25 3.00 3.25 34,800 3.25
Sep-20-02 3.25 3.34 3.15 3.25 100,400 3.25
Sep-19-02 3.16 3.33 2.99 3.24 126,100 3.24
Sep-18-02 3.16 3.37 3.05 3.35 4,700 3.35
Sep-17-02 3.79 3.95 3.01 3.15 39,900 3.15
Sep-16-02 3.85 3.85 3.41 3.83 20,900 3.83



To: Smiling Bob who wrote (4206)12/2/2002 3:02:00 PM
From: Smiling Bob  Respond to of 19256
 
FAOO 2.2 x 2.21
I guess not expecting any miracles on their street.
Message 17997137



To: Smiling Bob who wrote (4206)12/13/2002 5:26:48 PM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
FAOO- Will Q target be hit?
I think so. After holidays probably
Closed @ 1.65 today
News out. Suppliers not getting paid and not shipping.

siliconinvestor.com

To:Jon Scott who started this subject
From: scottonstocks Monday, Sep 16, 2002 5:16 PM
View Replies (3) | Respond to of 5119

FAOO- big short- closed at 3.83 on 14,500 shares
3 failing toy store chains morphed into what will be 1 failing toy store chain.
They couldn't cut it during roaring 90's, how will they fare during recession when high end toys and equipment not so desirable.
Look for Q in 6 months or less

------------------------------
Some Suppliers Stop Shipping to FAO Schwarz
Friday December 13, 2:53 am ET

At least two large suppliers of FAO Inc. -- which owns the FAO Schwarz, Zany Brainy and the Right Start toy stores -- say they haven't been paid by the company in recent weeks, Friday's Wall Street Journal reported.
Subsequently, they have stopped shipping merchandise in this quarter, the most important of the year for the toy business. "They haven't paid us in six weeks, so we've cut them off,"
says a senior executive at a major manufacturer. Others, aware of FAO's cash difficulties, say they are still shipping but are watching their receivables closely.

The chain's biggest supplier, though, says FAO has been getting a bum rap, and that suppliers are jittery about all retailers in the wake of the bankruptcy protection filing by Kmart Corp. (NYSE:KM - News) "I think it's an overreaction," says John Lee, president of Chicago-based Learning Curve Inc., who adds FAO is up to date in its payments to his company.

FAO chief executive Jerry R. Welch, saying he was in a quiet period ahead of the release of the company's fiscal third quarter earnings next Monday, declined to comment. The company wouldn't address questions related to its present financial state, but a spokeswoman said, "FAO Inc. has more than 350 suppliers, most of whom are happy to be suppliers" to the company.

Two weeks ago, FAO said it didn't expect to meet its already reduced earnings and revenue projections for the fiscal year ending in February. Citing " restrained consumer spending and the weak economic environment," the King of Prussia, Pa.-based company said soft sales in the third quarter had continued into the early part of the fourth quarter.

The company's stock price has plummeted, from a high of $9.87 last April to a 52-week low yesterday of $1.92, before rebounding to $1.95 in 4 p.m. Nasdaq Stock Market trading. Wall Street Journal Staff Reporters Lisa Bannon and Joe Pereira contributed to this report.
biz.yahoo.com



To: Smiling Bob who wrote (4206)12/18/2002 10:02:05 AM
From: Smiling Bob  Respond to of 19256
 
FAOO- .75 cents now- proving the value of being ahead of the crowd. 3 months in this case.
My quotes not operating correctly yet, so I may be hanging back some.
Market lingering around 8475, a key area to watch.
Good luck!

Tue 5:43pm FAOO [external] FAO warns it's on the brink of bankruptcy - at CBS MarketWatch

Message 17997137
To:Jon Scott who started this subject
From: scottonstocks Monday, Sep 16, 2002 5:16 PM
View Replies (4) | Respond to of 5149

FAOO- big short- closed at 3.83 on 14,500 shares
3 failing toy store chains morphed into what will be 1 failing toy store chain.
They couldn't cut it during roaring 90's, how will they fare during recession when high end toys and equipment not so desirable.
Look for Q in 6 months or less



To: Smiling Bob who wrote (4206)12/24/2002 9:42:09 AM
From: Smiling Bob  Respond to of 19256
 
FAO set to close dozens of stores
By Deborah Adamson, CBS.MarketWatch.com
Last Update: 6:50 PM ET Dec. 23, 2002
Message 17997137
KING OF PRUSSIA, Pa. (CBS.MW) -- FAO Inc., the parent of high-end toy retailer FAO Schwarz, said Monday it planned to close up to 70 stores by the end of March in an effort to stay afloat.


FAO (FAOO: news, chart, profile) also said it had reached a deal with lenders, providing a temporary reprieve from its liquidity crisis.

FAO and its lenders, through agent Wells Fargo Retail Finance LLC, came to a "standstill" deal under which creditors agreed not to take action through Jan. 10. That deal can be terminated with three days notice, or earlier, under its current terms.

Until then, FAO said it would work with lenders and trade suppliers to improve liquidity and to develop the company's prospects.

Fifty-five of the 70 store closures will involve underperforming Zany Brainy outlets, FAO said. Thirty of those 55 locations were opened in 1999 or 2000, the year before FAO acquired Zany Brainy out of bankruptcy. Zany Brainy sells developmental toys and educational products for children.

FAO shares soared on the store closure news, rising 18 percent to 71 cents in after-hours trading.

Last week, FAO warned that it might be forced to file for bankruptcy if Wells Fargo Retail Finance refused to relax borrowing restrictions.

In addition to toy retailer FAO Schwarz and Zany Brainy, the company owns The Right Start, which specializes in developmental, educational and infant care products.

The company purchased struggling FAO Schwarz in January, a few months after buying Zainy Brainy. Formerly named The Right Start and renamed FAO Inc., it quickly grew from a $60 million company to more than $500 million.

Analysts said the integration of the three companies was an ambitious effort. A weak economy and a strike earlier this year by West Coast dockworkers added to the retailer's woes.

Zany Brainy and FAO Schwarz have been highly dependent on the important holiday season for sales. The Right Start has a more stable sales trend for its infant and children's products.

Deborah Adamson is a reporter for CBS.MarketWatch.com in Los Angeles.
marketwatch.com{62DB212E-46DD-420C-B1E2-120419962F47}&siteid=yhoo



To: Smiling Bob who wrote (4206)1/13/2003 2:17:40 PM
From: Bart Hoenes  Read Replies (1) | Respond to of 19256
 
Well, guess you called this:

story.news.yahoo.com