I have a feeling they made the profit plan for the year! If that is the case and we some how find out that they purchased QF&C for a song, the sky may be the limit. Sure would be nice if they would split the stock so it maintains small cap status. I'm more apt to buy a load at $20,00-$25.00 per share than at $50.00-$70.00 per share. I can only assume with the former competitor stores closed in many current TSC markets, the comp sales and profit plans will be blown away. A former c.t. manager here in Iowa claims TSC stumbled into the purchase by accident at the 11th hour when the original bidder failed to come up with the cash down payment. Thus setting the plan as if it were a normal year ahead in 2002? More specifics on how much TSC spent for the aquired stores sure would be nice. Does anyone know if this info will be released, or can it be kept a secret? I believe we are in for a high and wild ride. Buy before the release of #'s Tuesday!! Any speculations out there????
As Stated in my opinions last week, some guesses were close, and some not. However I'm a firm believer that tsc is on the right track. I assume a lot of daytraders sold off on the 1Q loss statment in the report for 2002. I'm in it for the long haul and think we will see great things in the next few years! I as well think we will see and hold around 40 for a few months. Visit your closest store and see where I'm coming from.