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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 (715)	12/5/1997 11:04:00 AM
From: Steven Angelil	Read Replies (1) \| Respond to of 971

Well, Marc and anyone else that is interested. After being with this co. since last Sept.(96), I have just unloaded my last several K shares. What a painful lesson. Just because a stock traded at a high price and has come down, there is no guarantee that if you give it time it will come back. After much thought, I think the only way to win with RAYS is to hope for a rise next summer. I did not want to wait that long and hold a dog. Look back at the charts and see what it did last Feb. or March. It did rally a little, but then it hit the low. THe thing that pisses me off is I am selling only about 75 cents off the low since I've held, and about 4 points off the high. Last Aug. I didnt sell because I thought it was the start of a new uptrend and did not want to miss the action. Plus I thought I was finally vindicated. WRONG! It's hard to admit you are wrong on a stock you have believed in for over a year. I'm sure now that something like a buyout will indeed happen:-) Good luck for those that continue to hold-you'll probably need it. Steve