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Author: CohibaFool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 28  
Subject: Is this a dog?? Date: 3/18/1999 3:18 PM
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The stock has gone nowhere in five years. They bring in a new management team and within a year the whole team is gone. They loan $25mm to a related, privately held company (Crescent Jewlers) but won't release any financial information on the company. Same store sales are almost always disappointing. A large portion of their sales is on credit and a large portion of the credit sales goes bad. Anyway, if there is a good reason to buy this dog, I'm all ears.
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Author: jaxman44 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 8 of 28
Subject: Re: Is this a dog?? Date: 3/19/1999 4:59 AM
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It is a cyclical stock.....it's on a down cycle and people have just lost interest in this small little Savannah-based jeweler. Book value is greater than 12.....had a chance to sell at 13 but didn't sell til 10.50....great buy at 5-6 dollar range and it appears that it is heading back there. But if you look at estimates, they are way off since they did much better than expected for Christmas quarter. They will significantly beat estimates this year but the problem is there are no new investors out there....and very little volume....so when someone wants to sell....price usually dips quite a bit. Best thing to happen to this stock is for another company to buy them out.....grossly undervalued right now.

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