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Pacific Sunwear of California Inc. Message Board

  • shooternew shooternew May 19, 1998 1:01 PM Flag

    PSUN strategy of opening non-mall stores

    This company is hitting new records in sales,
    earnings, revenues, operating profit, etc. every quarter.
    Their strategy of opening non-mall stores in KEY
    LOCATIONS is a great idea. These three new stores along
    with the 70 other mall stores to open this year will
    make PSUN earnings go up to about 100 in my humble
    opinion. Get in on this one and don't let go of your
    shares until the stock is trading at 70 or better. Even
    with its P/E ratio in the high 30s it is way
    undervalued when the exponential growth rate in earnings
    which has no end in sight is considered. Any other
    stockholders out there with ideas about this company? please
    post.

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PSUN
2.44-0.0100(-0.41%)Apr 17 4:00 PMEDT