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 : Mossimo

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Derek Coons who wrote (39)5/7/1997 10:30:00 AM
From: Winston Kim   of 81
 
Derek,

I doubt that Mossimo stock will due any big movement upwards if the company only reports expected loss. I think they company might even disclose a .4 to .5 cents loss instead of the projected .3 cents. The company is in disarray. The company and especially the CEO Mossimo, himself are going into areas in which they have be very unsuccessfull, such as the high priced suits and watches. Yes, summer is coming but I do not know if the sales for his clothing will be enough to get to a point where he can make big profits as his focus has been on other lines instead of the casual stuff. The stock is up a 1/2 today close to $7. I think their are a lot of speculative people hoping Mossimo will due better than the company said. I look for the stock to hit $5 if the news is bad. All the company has been doing is giving out bad news. Whether you sell it is up to you, I am just giving you my opinion. Good Luck

Winston
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext