Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Chris Nevil who wrote (552)	4/30/1998 9:48:00 AM
From: Archie Bunker	Read Replies (1) \| Respond to of 619

Chris, if you are a long time holder of Claire's you are well aware the COO has little or no power, the decision maker and driver of the business has always been RS. COO have short life cycles, the constant has always been RS. To me this is a trading stock, I'll go long or short, they make mistakes,correct them and makes us money both ways. I have to say i'm a little nervous about the Rags deal, this business has lower margins, higher markdowns. I bought in the last $12 cycle and pile some on when the the last COO got canned. I'm fat and happy, lets see how the same store sales come out in April and if they start delivering catalog goods and how many come back. Have you checked out Pauh, this is also another former COO of Claire's its ready for a move. I'm long and thinking of cashing in Claire's and buying thatWalter