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Author: ahgmem Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 53  
Subject: Talbot's drop Date: 5/27/2001 9:11 PM
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I just bought into TLB at an average price of 38. I think the sell-off was way overdone. Look at the volume of the sell-off, on what amounted to only marginally bad news, that maybe TLB would only earn .24 cents per share instead of the "expected" .27 cents per share in second quarter 2001. It was just an excuse for massive profit taking, and it became panic selling, which is way overdone IMHO.
Also, with the tax plan just passed by Congress yesterday, giving $300 to every taxpayer, I see that as a definite short-term positive to the market, and expecially to retail.
Again, do your own DD -

Andrew
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