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Re: None

Tuesday, 11/19/2002 11:19:23 AM

Tuesday, November 19, 2002 11:19:23 AM

Post# of 704019
RSTO- Reports tomorrow. Nov 7th they said this.http://biz.yahoo.com/prnews/021107/sfth015_1.html

>>The Company expects a loss of approximately $0.08 per share for the third quarter. This compares to the Company's prior guidance of a loss of $0.05 to $0.06 per share, and a loss of $0.36 per share in the same period a year ago. The variance is due to lower than expected merchandise margins resulting from better than expected customer acceptance of the Company's recently introduced private label credit card, which was marketed with a "10% off first purchase" offer.<<

I don't expect much from these folks and I see possible BK down the road. Been short since 12, over several months ago. Possible buy out rumors...I don't think so but something to think about. Cash was very lean last time they reported. I have to imagine that their balance sheet won't be very pretty. Just an idea.

A bunch of insider "planned sales" this year. 10% of float is short.

Joe




Joe

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