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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Wowzer who wrote (13120)8/25/1998 7:07:00 PM
From: Dave Twibell  Respond to of 18691
 
Rory - MENS cautioned that revenues and earnings may be down slightly for the next quarter or two due to increased advertising expenses associated with at least one of their new stores, and a temporary decline in sales in their five Texas stores due to the unusually hot weather there. Wheat First downgraded them based on this info and cut earnings estimates by about 10%. Sell off seems like a bit of an overreaction to me.

Dave


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