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Non-Tech : Sunglass Hut RAYS- Will it ever breakout? -- Ignore unavailable to you. Want to Upgrade?


To: Steven Angelil who wrote (700)11/20/1997 8:21:00 AM
From: Judy Helkowski  Respond to of 971
 
Certainly nothing encouraging was in this report. They are already
setting us up for disappointing same store sales numbers for Nov. If
anyone is still interested, there is going to be a conference call,
replayed at 12:00 EST. The number is 1-800-475-6701, Access
Code # 364428.
Judy H.



To: Steven Angelil who wrote (700)11/20/1997 8:23:00 AM
From: Burlitis  Respond to of 971
 
Wow Steve, i thought you got out when we hit 10 after the July
SS were released? I really enjoyed the thread this summer,and
will play this stock again this comming summer. You are brave
to hold on,this stock will fly again this spring and summer. I
really can't see how it will ever get to it's all time highs
again. Hopefully there will be a MIB movie again, and maybe the
surgeon general will recommend everybody wear sunglasses<G>
I'll wait and look for the bottom, hopefully it won't be in
the 5's for your sake.after reading the release it looks like
they are on the right track, they just made the classic mistake
of growing to fast. Good luck to you

Alex



To: Steven Angelil who wrote (700)11/20/1997 8:27:00 AM
From: marc chatman  Read Replies (1) | Respond to of 971
 
Well, it's official, James Hauslein has no idea how to run a business, at least in my opinion. He has had plenty of time to rework the company's cost structure. Sales overall are up. Even with discounted prices, there is enough bargaining leverage to pass on the problem to the even more desparate companies who make the sunglasses.

I can only conclude that Hauslein cannot or is not willing to fix the company. He should sell it, but my guess is that he doesn't want to part with his "toy." I called it right last summer when I said that Hauslein had no intention of finding a new CEO. Wish I had been wrong.

And screw his lame excuses. I'm sick of his excuses, and, sadly, I'm sure any remaining institutional shareholders must be sick of them as well. In a prosperous economic environment, this guy can't succeed. Can't wait to see how he does in a recession. I just hope he can keep the company in business long enough to see a recession, because this will be one great short opportunity with Hauslein at the helm.

Probably, this stock will get dumped big time at the open.