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To: The Saint who wrote (30150)	5/7/1999 8:36:00 AM
From: gerry mullane	Respond to of 37507

What is with this stock was it in the 60's 5 weeks ago. Is now a good time to buy or do you think it's going down some more?

To: The Saint who wrote (30150)	5/7/1999 8:48:00 AM
From: GoNorth	Respond to of 37507

The Saint, the main problem I see with your forecast is the huge increase in sales you're projecting. If you look at their sales increases for Q3 and Q4 '98, it's VERY hard to imagine that Q1'99 could be $12M. For your information Q1 is the slowest quarter for virtually every retailer on the planet. As far as your forecast for a $1M loss is concerned I can't make this one add myself. Even if you assumed a 6% GM and $12M sales their GM dollars would still only be $720K. Their burn rate is something in the area of $1.5M a month so the numbers suggest a bigger loss than your forecast. >>I will like to put my prediction down for 1q. 1999. Sales $12mill loss 1mill