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Non-Tech : BFCI - Braun's Fashions

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To: rt1^ who wrote (63)10/31/1997 1:49:00 PM
From: J. Lawson  Read Replies (1) of 88
 
i think you can look for a class action suit coming in the near futrue.....as far as fraud, and cooked books, i wouldn't go that far....Braun's is making money and should be able to do around $1 this fiscal year....the problem going forward is their creditability in the investment community and how soon it can be repaired....it appeared we were in a position to get an expansion in the pe multiple, which is not likely now....this might be what finally gets CEO Cook.
....i look on this as not lost sales, but just delayed sales....so, you shoppers, get back to shopping.....

jl
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