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Non-Tech : PETM - Petsmart -- Ignore unavailable to you. Want to Upgrade?


To: Debra Orlow who wrote (1208)7/10/1998 9:42:00 AM
From: Diamondcutter  Read Replies (1) | Respond to of 1508
 
I guess the redeeming news on the PETM announcement is that the charges are of a one-time nature and that the sales trend is picking up.

Diamondcutter



To: Debra Orlow who wrote (1208)7/10/1998 12:38:00 PM
From: Anthony Wong  Read Replies (3) | Respond to of 1508
 
Debra and Diamondcutter, things can't get any worse, so it's going to get better:

1) Hardly any brokerage covers the company, so no downgrades today (at least not any that I could find at Bloomberg).

2) Stock is underowned by institutions (no-one admits to owning it, anyway), and it's more underowned after today's selling.

3) Regular posters at this thread have dwindled down to three.

I've been with K-Mart, bought when it's in the low-10's, so I'm forever hopeful with retail dogs.

Regards.

Anthony