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Re: hweb2 post# 20641

Thursday, 08/25/2005 12:11:25 PM

Thursday, August 25, 2005 12:11:25 PM

Post# of 173789
GMOS, The million $$ question here is will the sales jump last more than a few months with the new superstore? Retail is a tough sector, most stocks in it are stuck with low PEs. For an extreme example of retail's ups and downs, I remember when the first Krispy Kreme store opened in my area. There were lines of people waiting to get in that circled the block. Today the lines are gone, KKD's bubble is deflated and its stock is at 10% of its former value. To be fair, KKD also had other problems as well. GMOS financials are hardly stellar though. Current liabilities roughly equal current assets. Tangible BV is also virtually nil.

Place your bets.
smile


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