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Non-Tech : Bombay (BBA): Time for a run up? -- Ignore unavailable to you. Want to Upgrade?

To: wallstreetbull who wrote (65)	2/13/1998 7:22:00 AM
From: David R. Schaller	Respond to of 202

Sam, like you, I've been in and out of BBA several times. No stock has repeatably treated me better. It goes down to $4 I buy. It goes to $9 I sell. I think there may; however, be meat on the bone this time around. BBA's biggest problems are summarized below; BBA PIR sales/sh ..................$ 9.20................$ 25.75 book value..................$ 4.35................$ 9.70/sh shares......................38.0mil...............45.50m sales......................$350mil...............$1,175mil gross marg...................36%...................41.2% # stores....................435.....................790 net profit marg............2.3%...................6.0% earnings (98est)...........$.20/sh...............$1.45/sh It is obvious how much more effectively PIR uses their assets. Any wonder PIR sells at 5-6 times BBA. Plenty of room for improvement. I also noted that PIR's stock was down on the same days that BBA was up earlier in the week. Makes me think others were worried about earnings dilution. Should be fun & hopefully rewarding, Dave

To: wallstreetbull who wrote (65)	2/13/1998 11:49:00 AM
From: Alex Wulder	Respond to of 202

Sam, correct me if I'm wrong, but the last sales figures were for the 'sales' month of January. We don't know if they made any profit on these sales. Could be they were trying to clear out the old style Bombay stuff. The December sales sure were disappointing (once again), which makes me wonder quite a bit about these Jan numbers. Of course, in case of a takeover everything is possible. Personally, I don't buy on that kind of speculation. Based on the sales figures, I'm not ready to say that the long-awaited turnaround is there. -Alex