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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: JBH who wrote (20036)	7/30/1998 11:08:00 PM
From: bdog	Read Replies (1) \| Respond to of 79281

JB. LOL! Put a smile on me face. bdog

To: JBH who wrote (20036)	7/31/1998 12:01:00 AM
From: Instock	Respond to of 79281

JBH, Doug: A stock you might find interesting. Business Week pick < Inside Wallstreet ) of BCF. Large float. Float 21.8M quote.yahoo.com Short covering might help. Should move somewhat slow at the open. Might be a good two day play. Magazine gets delivered during the weekend. More buyers on Monday. ALL BUTTONED UP AT BURLINGTON Burlington Coat Factory (BCF) isn't exactly retailing's Rodney Dangerfield--who gets no respect. Burlington's stock has gained 43% this year, from 16 to 23 a share. But Bernard Sosnick of Genesis Merchant Group says Burlington is underpriced, compared with better-known peers: Over the past seven years, its earnings have risen at an annual rate of 14.3%--faster than rivals. Burlington, which has 254 stores and sales of nearly $2 billion, ''is creating a new image'' as it diversifies without giving up dominance in outerwear, says Sosnick. Nordstrom earnings have disappointed investors during the 1990s, he notes. Yet its stock sells at a price-earnings ratio of 23, vs. Burlington's 13. The Burlington p-e is also lower than J.C. Penney's, even though Burlington has a better earnings record. In sum, Sosnick thinks Burlington is worth at least 30 a share or a p-e of 19, based on estimated earnings of $1.55 for the year ending June 30, 1999, and $1.85 in 2000. Burlington has been granted ''anchor'' unit status in shopping centers and malls, so it plans to add footage at a yearly rate of 8% to 10%, says Sosnick. It also plans to relocate, expand, or remodel 40% of its stores over the next three years. Burlington has avoided cyclicity, he says, by adding men's suits, women's apparel, and juvenile furniture to its product line. BY GENE G. MARCIAL