Eddie Bauer Holdings (fka EBHIQ)

[Trops]

Verdict still out on Ebhi.They started making changes to late in the game as compared to other retailers in the 2.00-3.00 range now.They are making the changes now.If it is enough to escape bk is still unknown and why the stock is at .45.In their first q they did make higher management cuts which helped the bottom line.They started being more aggressive with sales in q1 but did not see the full effect.They are being even more aggressive in q2 with sales.From what I here they just started cutting people in the stores last week that were making more $$.I still think they have to close non-performing stores.They need to move a little quicker.Making the right moves~Yes.To late~Not sure