SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : PCTY Party City Corporation -- Ignore unavailable to you. Want to Upgrade?


To: HarryWD2 who wrote (4)1/28/1998 11:38:00 AM
From: JCS  Read Replies (1) | Respond to of 26
 
My guess is simple profit taking. That pullback is consistent with how the price has moved in the past year; not to be unexpected in a stock that has doubled in less than a year. Last quarter sales have been announced but not earnings. Anyone know when earnings are due out? Sales growth was great, but it's always possible that, for some reason, they are not reflected in earnings.



To: HarryWD2 who wrote (4)2/20/1998 11:41:00 AM
From: JCS  Respond to of 26
 
Harry, I hope you held on to this one. The article in the March INDIVIDUAL INVESTOR magazine may be behind the current run up. Article suggests that they will have 9X the number of stores in 7 years(1000)and their growth and earnings estimates suggest a 98 price target of around 35.