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


To: Archie Bunker who wrote (460)12/5/1997 10:33:00 AM
From: Brad Bolen  Read Replies (1) | Respond to of 619
 
In defense of Henry...

RE:To make matters worst they are buying line items, items from a manufactuers line that he may have sold to Wet Seal, Urban outfitter>

Mr. Rags will sell 'unisex' clothing. Hardly competition for Wetseal--who BTW has done quite well selling those 'low margin' clothes.

RE: Last year CLE announced a 1 mil share buyback when the stock tanked. .... they never did it...It was a crock.

No it wasn't, as reported this morning, they bought some 300,000 of the mil.

Good luck.

B.



To: Archie Bunker who wrote (460)12/5/1997 7:07:00 PM
From: Henry Muller  Read Replies (3) | Respond to of 619
 
Archie,
I really regret not being able to see your face when you get to eat your short.

Excerpted from the December 4, 1997 press release from Claire's Stores Inc:

Year to date Monthly Sales (in 000s)

FY 1998 $ 379,402

FY 1997 $ 331,754

Change 14%

Research Analysts Earnings Estimates From Zacks:

Consensus Estimate for current fiscal year (1/98) $ 1.20/share

Consensus Estimate for next fiscal year (1/99) $ 1.41/share

That sure does sound like a company in the process of "tanking".

Regarding your suggestion that I read a newspaper instead of watching the evening news, how about Investors Business Daily, Barrons, and the New York Times. Perhaps that is why my sentences are lucid. You should try a dose of the medicine that you recommend.

Regards, Henry