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Non-Tech : PSUN A new breakout at $30+! -- Ignore unavailable to you. Want to Upgrade?


To: Labrador who wrote (701)12/13/1998 10:34:00 PM
From: Wolf 2  Respond to of 1622
 
Hi, Bob!

I'm sure you're right. My reluctance to pay more than 13 at this point has nothing to do with PSUN's prospects and everything to do with available resources.

I've earmarked a set sum for oils and the funds freed up when I, by sheer luck, sold my PSUN position at 16 1/2 a day before the last dive was redeployed temporarily. I'll reassess my portfolio and PSUN price point after Xmas.

Good Luck,
Wolf



To: Labrador who wrote (701)12/19/1998 9:08:00 PM
From: Adelantado  Read Replies (1) | Respond to of 1622
 
I disagree that PSUN is making mucho $$$. While analysis predict big $$$ in the future, this quarter est. is off 26% from same quarter last year. This coupled with the overbought condition last summer brought this fairly good company back to its knees. I believe that managment is now open eyed, scared of a take-over and better start hiring fashion advisers to get enough sales to support all those new stores. Watching what teens wear, being there with the goods at reasonable prices without investing in too much inventory is a good way to start. Repurchase of some of those loose shares can only help.

Joe