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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Shea who wrote (7834)	6/3/1999 9:46:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

We have seen another top for the internets. . . the next big rally may be a LONG way off. That's why I am not playing these long on the swing. . . Short selling the internet here at 9:40 is the play o' day. DCLK peaked at 90. . . near-term long now reverses back to short-selling here. Not bad. . . 101 down to 83. . .we turn back long to 90 and now turn short again around 88 as I write. We didn't make it back to 95, but when I said today's rally would be short-lived. . .THIS is what I meant. Not even 15 minutes into the day and already they are red after the gap ups. Rande Is

To: Kevin Shea who wrote (7834)	6/3/1999 2:13:00 PM
From: Rande Is	Read Replies (2) \| Respond to of 57584

New subject: RETAILERS. . . . Bargain Retailers are going wild today. . . FTUS + 9 percent [SSS=+19 pct, sales up 28 pct.] DG + 10.7 percent [SSS=+9.2 pct, sales up 23 pct and upgrade] FDO + 6.5 percent [SSS=+9.4pct, sales up 18 pct] SMRT + 4.4 percent [SSS=+8 pct, sales up 15 pct] ROST + 5 percent TJX + 4 percent AMES unch on low volume CULS unch on no volume PSMT - 1/8 on low volume DLTR - 7/16 on regular volume Wal-Mart Stores Inc. Four weeks ended May 28: Same-store sales rose 7.7 percent. Total sales were $11.83 billion, up 14.3 percent from $10.35 billion. Four months ended May 28: Same-store sales rose 8.6 percent. Total sales were $47.43 billion, up 15.5 percent from $41.07 billion. Sears, Roebuck and Co. Four weeks ended May 29: Same-store sales rose 1.9 percent. Total sales were $3.07 billion, down 2.8 percent from $3.16 billion. Four months ended May 29: Same-store sales rose 1 percent. Total sales were $12.35 billion, down 3.23 percent from $12.76 billion. Kmart Corp. Four weeks ended May 26: Same-store sales rose 3.7 percent. Total sales were $2.75 billion, up 5.6 percent from $2.6 billion. Four months ended May 26: Same-store sales rose 5.8 percent. Total sales were $10.89 billion, up 7.6 percent from $10.12 billion. J.C. Penney Co. Inc. Four weeks ended May 29: Same-store sales rose 2.2 percent at Penney stores only. Total sales were $2.34 billion, up 9.8 percent from $2.13 billion. Four months ended May 29: Same-store sales rose 0.1 percent at Penney stores only. Total sales were $9.91 billion, up 7.9 percent from $9.19 billion. (Total sales include J.C. Penney stores, its catalog and drug stores, including recently acquired drug chains.) Dayton Hudson Corp. Four weeks ended May 29: Same-store sales fell 6.3 percent. Total sales were $2.34 billion, up 10.9 percent from $2.11 billion. Four months ended May 29: Same-store sales rose 6.8 percent. Total sales were $9.34 billion, up 11.5 percent. Federated Department Stores Inc. Four weeks ended May 29: Same-store sales rose 4.1 percent. Total sales were $1.33 billion, up 14.9 percent from $1.16 billion. (Total sales include the revenues from the direct-seller Fingerhut, which was acquired in March). Four months ended May 29: Same-store sales rose 4 percent. Total sales were $5.04 billion, up 9.2 percent from $4.61 billion. (Total sales include the revenues from the direct-seller Fingerhut, which was acquired in March). May Department Stores Co. Four weeks ended May 29: Same-store sales rose 2.9 percent. Total sales were $1.01 billion, up 7.3 percent from $939.7 million. Four months ended May 29: Same-store sales rose 3.4 percent. Total sales were $3.95 billion, up 7.8 percent from $3.66 billion. Gap Inc. Four weeks ended May 29: Same-store sales rose 8 percent. Total sales were $780 million, up 28 percent from $609 million. Four months ended May 29: Same-store sales rose 10 percent. Total sales were $3.06 billion, up 31 percent from $2.33 billion. Limited Inc. (NYSE:LTD - news) Four weeks ended May 29: Same-store sales rose 10 percent. Total sales were $728 million, up 8 percent with $677 million. Four months ended May 29: Same-store sales rose 12 percent. Total sales were $2.83 billion, up 6 percent from $2.69 billion. TJX Cos. Four weeks ended May 30: Same-store sales rose 1 percent. Total sales were $674 million, up 10 percent from $610 million. Four months ended May 30: Same-store sales rose 5 percent. Total sales were $2.63 billion, up 10 percent from $2.39 billion. Dillard's Inc. Four weeks ended May 29: Same-store sales up 2 percent. Total sales were $612 million, up 23 percent from $498 million. Four months ended May 29: Same-store sales rose 3 percent. Total sales were $2.13 billion, up 26 percent from $1.68 billion. Saks Inc. (NYSE:SKS - news) Four weeks ended May 29: Same-store sales rose 3 percent. Total sales were $480 million, up 10 percent from $438 million. Four months ended May 29: Same-store sales rose 3 percent. Total sales were $2.02 billion, up 9 percent from $1.85 billion. Clearly, the BARGAINS are with the BARGAIN retailers. . . these have shown consistently strong growth over the past year, REGULARLY outperforming the larger department store retailers. FTUS is an amazing little sleeper I first bought when it was Family Bargain stores [FBAR]. . . today, it was the WINNER in the retail segment, FDO [Family Dollar] is in second place with it's strong numbers, followed by DG [Dollar General] today's most celebrated, other than WMT, with the upgrade, etc. and SMRT [Stein-Mart] an often forgotten retailer that specializes in selling the same brands as the mall [often at the same time], yet at regular discounts. . . get it on sale at Stein-Mart and you've really got a bargain, IMO. Looking to go stronger into the bargain sector of retailing for future long portfolios, due to their consistent performance. Rande Is