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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 (738)	1/8/1998 10:31:00 AM
From: marc chatman	Read Replies (2) \| Respond to of 971

I'm hopeful that the restructuring charge will be viewed as good news. Finally write off the obsolete inventory, cut some dead wood from sg&a and close the loser stores. That could get the new CEO off to a running start. My guess is that Hauslein intended the charge for quite some time but waited until he hired the new CEO. That should piss off some who got frustrated and sold. I wouldn't be surprised if the new CEO had been hired some time ago but waited until the end of the year to collect his bonus or options or whatever from his old company. Of course, that's all speculation on my part.