Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bombay (BBA): Time for a run up? -- Ignore unavailable to you. Want to Upgrade?

To: wallstreetbull who wrote (46)	11/6/1997 10:09:00 AM
From: opalapril	Respond to of 202

Same store earnings weak. See below. >>FORT WORTH, Texas, Nov. 6 /PRNewswire/ -- The Bombay Company, Inc. (NYSE: BBA) reported today that same store sales for Bombay stores in existence for more than one year decreased 2% for the four week period ended November 1, 1997 compared to the corresponding period of the prior year. For the quarter ended November 1, 1997, same store sales were flat. Total sales were $23,026,000 compared to $24,017,000 for the four week period ended November 2, 1996. For the thirty-nine week period, same store sales declined 1%, while total sales declined 2% to $207,316,000 compared to $212,101,000 for last year. Robert S. Jackson, interim President and Chief Executive Officer, stated that while October sales were somewhat lower than anticipated, he was encouraged that, for the quarter, the Company was able to significantly improve margins. The Bombay Company, Inc. is a specialty retailer marketing lifestyle furniture, prints and accessories through a network of 420 Bombay Company stores in the United States and Canada. SOURCE Bombay Company, Inc. << 11/06/97 08:29 EST prnewswire.com

To: wallstreetbull who wrote (46)	12/16/1997 4:02:00 PM
From: Jim Goodman	Read Replies (1) \| Respond to of 202

good for you also....your timing may be correct here....just added BBA to my L.T. "PSYCLE sm" list, with a very close stop below recent lows, as another depressed, long-basing, Retail issue, for at least a tax-selling bounce....I also had it earlier, 1997, and rec'd. selling around 8., before it's high....also had it last year off it's then-low, up to 9....been trading it occasionally for a while....if you view it's long-term chart, you'll see a super L.T. base....so, keep close stop, and best wishes....FYI, I do NOT employ "fundamentals" much, only special chart patterns, and sentiment, which is also pretty bearish here (i.e., bullish for us, right ?)....I also added a couple of other depressed Retail issues here, in ind. group rotation, which has worked well for me over the years, esp. from Dec. lows, also am in some depr. Golds, Techs, here, as well....take care,