To: Smiling Bob who wrote (7544 ) 1/4/2005 6:48:08 AM From: Smiling Bob Read Replies (1) | Respond to of 19256 KSS -49.27 Dana Cohen doing her best to take a stand On 12/22 she forecasts poor sales at retailers and KSS, then does a 180 1 week later after some retailers say sales improved. The bottom line is, KSS is poorly positioned. They are locating at mostly 2nd rate centers, often serving as a poor anchor, and offering very limited selections. Dependent upon cherry picking their product line doesn't allow room for error.TGT and WMT are much bigger, and can more easily weather X % of selling space lost to a loser. KSS will again blame mild weather on excess inventory. As unglossed financial details are released, the stock will quickly wither. The soon to be price of 39 will take the PE more in line with industry. Forecast raised for department stores By Dan Burrows, CBS MarketWatch.com Last Update: 4:26 PM ET Dec. 30, 2004 E-mail it | Print | Alert | Reprint | RSS NEW YORK (CBS.MW) -- A late December sales pickup prompted Banc of America Securities to raise same-store sales forecasts for a number of department stores, but earnings estimates remained unchanged. Free! Sign up here to receive our Before the Bell e-Newsletter! TRADING CENTER INFORMATION FOR KSS: Create an alert for KSS Add KSS to my portfolio More cool charts on KSS Discuss KSS NEWS FOR KSS B of A raises department store same-store sales view Retailers' shares maintain gains Retail rises as department-store issues gain More news for KSS TRACK THESE TOPICS My Portfolio Alerts Company: Federated Department Stores, Inc. Add Create Company: Kohl's Corporation Add Create Company: Saks Inc Add Create Company: The May Department Stores Company (Delaware) Add Create Get breaking news sent directly to your in-box Create a Portfolio | Create an Alert Citing better-than-expected sales at the end of the month, analyst Dana Cohen on Thursday raised her December same-store sales projections for Federated Department Stores (FD: news, chart, profile), Kohl's Corp. (KSS: news, chart, profile), Saks Inc. (SKS: news, chart, profile) and May Department Stores (MAY: news, chart, profile). Cohen said she sees Federated's December same-store sales, or sales in stores open at least a year, now coming in flat to up 2 percent, versus her prior view for a 1 to 2 percent decline. Kohl's is now forecast to increase 1 to 3 percent, against the prior outlook ranging from a 1 percent decline to a 1 percent gain.