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Non-Tech : BFCI - Braun's Fashions -- Ignore unavailable to you. Want to Upgrade?


To: twinsbill who wrote (85)8/25/1998 10:25:00 AM
From: Jim Spitz  Read Replies (1) | Respond to of 88
 
Twinsbill,

I believe now would be an excellent time for a shorter term play.
a) on July 20 a vice president bought 18000 shares at a little over $11/share. This VP sold about as many shares when it was a little over $15. Check out insider sales and buys on Yahoo.
b) You're right about it being low priced right now.
c) any good news will make it go up a point or two.
d) next Quarterly report will probably be released in about 7-8 weeks.
e) they exceeded consensus estimates last quarter by 16%. I think there may be buying before next report comes out in anticipation.
f) Finally, all three analysts covering BFCI say either buy or strong buy.

Just My Opinion. Stay in the Black! jimS