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To: Byelow who wrote (448)5/11/1998 1:09:00 AM
From: E. Graphs  Respond to of 1622
 
Hi Byelow,

I read the annual report today......thought it was excellent. Nice focus on the top talent, and great short summaries of what is making the company so successful.

They are planning to operate 330 stores in 1998 (up from 272 in 1997), 400 in 1999, and 500 by the end of the year 2000. Their new 176,000 sq. ft. facility in Anaheim can support more than 700 stores....."a goal which Pacific Sunwear considers within reach."

I was surprised to read that d.e.m.o. will be a group of 15 stores serving a more urban multicultural market of young men 12-29 yrs old. ........was under the impression that d.e.m.o. was the new name given to the old Good Vibration stores in FLA.

Byelow, I couldn't find anything not to like, and can see why you got back your long position.

Continued Good Luck,

E