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Pep Boys - Manny, Moe & Jack Message Board

  • martha_on_the_ragg2 martha_on_the_ragg2 Aug 13, 2004 1:24 AM Flag

    _____ E I G H T ___________

    Well, didn't I tell you that this POS would drop..... 8 is the target price, you know.

    How many of you were advised by the company or any of its hencemen in advance of the earnings announcement that times might be tough and the earnings level may not be sustainable????

    This out of the blue, bad news schenanigan has all the earmarks of Mich on it. He did it a few years ago and the analysts wrote him and Pepboys off as not compliant with the investment community. And the stock streamed down BELOW 8.

    Some of you speak so proudly of the dividend yet you all are mostly braindead that dividends MUST not exceed earnings if a company is to survive. This is just Business 101 truth.

    As heard on CNBC this morning - Pepboys -- Manny, Moe and Scooter.


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11.80+0.27(+2.34%)Jul 28 4:03 PMEDT