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Non-Tech : PETC -- the Home Depot for pets? -- Ignore unavailable to you. Want to Upgrade?

To: LPasko who wrote (20)	5/3/1998 8:51:00 AM
From: Jean-Philippe Chevalier	Read Replies (1) \| Respond to of 36

I don't know much about PETC but I did see a Bozo on CNBC last week (April 30 I think) who had them as one of his top 5 picks. He said they took a big hit because they announced that of their new store openings for the year only 4 of them would be in the first half and the remainder in the second half, 30 or so as I recall but I'm not sure about the exact number of stores. He said that nothing has changed with the company and the reaction of the stock price was a misread by the market. If true, the stock could run up the rest of the year. Of course, if they don't open the new stores on schedule, the price could drop fast! I think this is worth checking out. As of now, I have not done enough research to know if this analyst is on the money or not. I see the stock price was up 8% last week. Always a good sign.