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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (2014)3/21/1998 12:16:00 PM
From: Cary C  Respond to of 29382
 
max90 it has been awhile since my wife and I were in one of their stores. If I remember correctly, the store here had a lot of walk away , knick knack type of mdse. Almost all of the furniture was cherrywood or mahogany. We liked the mdse they had in the store.

Cary



To: LTK007 who wrote (2014)3/21/1998 1:13:00 PM
From: Sergio H  Respond to of 29382
 
Max90 and Cary, Bombay;s sales mix is reported to be 49% furniture,
27% wood and metal accessories, 16% wall decor and 8% lamps. They are expected to introduce a new line of living room furniture in the near future.

I believe that Bombay is attracting investor's attention due to the improvement in the sector, as you guys have pointed out, people are buying furniture right now. I also believe that the recent earnings release demonstrated the company's turnaround. This report was released shortly after the new CFO came on board. It would be natural for the company to report all the bad news in order to give the new manager a clean slate. This report being the worst case scenario is reason to be very optimistic about Bombay's prospects.

Sergio