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Non-Tech : Claire's Stores (CLE) NYSE -- Ignore unavailable to you. Want to Upgrade?


To: Archie Bunker who wrote (456)12/4/1997 3:53:00 PM
From: Chris Nevil  Respond to of 619
 
I share both of those concerns. But CLE was not reasonably valued when it crumbled to that level last time around and absent a market collapse I cannot envision a reason it should be there again. it is the most attractively valued Gen-Y stock around when you take their earnings, growth and balance sheet into account. I respect your outlook but I am going to hang on through this rough air.



To: Archie Bunker who wrote (456)12/4/1997 6:28:00 PM
From: Henry Muller  Read Replies (2) | Respond to of 619
 
Archie,

What world do live in??? Your thinking is about as clear as your TV sitcom namesake's thinking. How much do you really think it costs to make a pair of $50-$75 jeans in the third world by child and sweatshop labor??? Or a pair of $150 Nike Air Jordans??? Suggest you look at the margins reported by Nautica and others.

Also, If I remember correctly, last December when I bought in at $11
one of the reasons I purchased the stock was that Rowland Schaefer was personally buying his companies stock on the open market NOT selling as you stated in a prior post.

Do us a favor and hold your breath til you see it at $10 or $12.