Well, I will make a comment. I have held a bunch of this stock for a long, long time. Most of my stock was purchased at .27 or above. Now, that it appears that the new management is starting to turn this around and return FOH to the stature it deserves, there appears a move to go "private", which is a politically correct way of saying, let's buy this cheap and sell it's parts for some big bucks.
I believe this whole offer sucks. I visited the Hollywood store about a month ago and, contrary to a previous poster who indicated that the "flagship store" was a disgrace, it is a great store! The store is located on a prime spot of Hollywood Boulevard . . . a short block from the corner of Hollywood and Highland boulevards, on a corner with very impressive window displays on both Hollywood Boulevard and North McCadden Place, well stocked and, perhaps most importantly, had an extremely friendly and helpful staff.
I do believe that the Company should take a hard look at many of it's Mall stores and either upgrade them to compete with VS or close the stores.
I also believe that the Company should make better use of the Internet. It has started to improve it's internet approach but has a long way to go. For example, one easy thing would be to make better use of email promotions. About 2 years ago, I registered to receive online promos from both VS and FOH . . . I receive about 8 from VS for every ONE from FOH . . . need I say more?
Bottom-line, I believe that FOH is a Company that should stay around for a long time and, with some patience, I believe that the new management will turn this around and all who were patient will receive a reward.
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