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


To: marc chatman who wrote (713)12/4/1997 8:23:00 AM
From: Steven Angelil  Read Replies (1) | Respond to of 971
 
Hard to believe, that with all the closings of the unprofitable stores, that the overall sales and especially SSS have been so weak. What can you say? When Hauslein took over, I was fairly pumped up, but now, it seems that either Chadsey wasn't so bad, or that Hauslien isn't running the company either. I think it is high time for Hauslien to consider selling the company for $12-15 a share and get this over with. Last year we closed the year around 7 1/4 and this year will probably be even worse. The bad news is that for us to get a fair price for Hut, we will have to wait until next August or so to bail out-wish I would have this past Aug.

Steve
on the positive side, it looks like the stock shouldn't sell off much today since the SSS were only down fractionaly after warning.