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Non-Tech : The Gap -- Ignore unavailable to you. Want to Upgrade?

To: R.B.Williams who wrote (29)	5/8/1998 12:23:00 PM
From: jerry carlson	Read Replies (1) \| Respond to of 189

RBW Hard to say since I don't know your risk tolerance or time perspective. For myself, with a 2-3 year time horizon and GPS being fairly richly priced (P/E=39,PEG=2), I think it will increase in price at about the same rate as the market overall over the next year. If you look at the 2-3 year chart you can see that they are currently doing very well compared to other clothing retailers or the S&P. They don't always have the "right" young people fashions according to my fashion expert (my daughter, who picked this stock for me out of all the "cool" clothing stores at the mall 9 years ago), but they are doing things right now, and they make fairly quick inventory adjustments during slack periods. Good luck Jerry