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To: marginmike who wrote (54719)9/26/2002 2:53:46 PM
From: reaper  Read Replies (1) | Respond to of 209892
 
mm -- don't know MWRK well. what i do know is the clothes suck (we had the misfortune of buying some when we were pregnant). what i also know is there is a baby-boomlet going on, and these guys have locked up a lot of the prime real estate and have name recognition -- so basically IF you are going to get maternity wear you are very likely to end up in a Pea Pod, Mimi Maternity, whatever. and they are a pretty good generator of cash, with slightly better than mediocre financial returns. so yeah, don't know that i would own it outright, but as a hedge against retail shorts its not a bad idea. i own PLCE, as you know, which basically is running off of the same dynamics and has the added benefit of being CHEAP.

Cheers



To: marginmike who wrote (54719)9/27/2002 10:45:14 AM
From: reaper  Read Replies (3) | Respond to of 209892
 
well, so much for my idea of PLCE as a good long hedge

at least Callaway is offsetting some of my losses

Cheers