SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Sunglass Hut RAYS- Will it ever breakout? -- Ignore unavailable to you. Want to Upgrade?


To: Gregg who wrote (926)1/7/1999 2:23:00 AM
From: Gary105  Read Replies (2) | Respond to of 971
 
Web site impact will depend on where stock price is before site is announced which will depend on fundamentals/sales. Web site announcement has potential for large impact if stock price is above 200 D MA, small impact if price is below 200 d MA. I stick with contention that the key is sales and that RAYS will soon enter its peak selling periods and that there is darkhorse possibility of extending selling season if experiment with watches in hut stores works out - imo this can have much greater fundamental impact than web.

One more comment about web - unlike books, glasses and watches carry higher margins - possible to make profit with them.