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Saks Incorporated Message Board

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  • ron_xam ron_xam Aug 29, 2007 12:54 PM Flag

    bought SKS $16.56 and

    i share that optimistic sentiment based on few factors, one most importantly being Sks operating margin could significantly pick up if they approach revenue strategy right. and it seems, they are doing just that, cutting costs and getting rid off outlets that are not yielding green.
    am holding as well, eventhough tad under water...still the upside potential from this point forward, long term that is, is dftnly there imho...over $22 at this point with some patience, is more than doable i'd say.