... you need to know when the street is done punishing a good stock:
1. The low-ball of the analysts' targets for NLS doubled yesterday from 6.50 to 12. That's right, the most bearish analyst doubled her target. (A few shorts have claimed the 12 as a bearish signal(!) ) Average target was $21 *before* that upgrade. 2. Economic growth & consumer spending numbers just drove up stronger than any quarter since 1984 3. NLS has excellent balance sheet (for example current ratio 4:1 (!), zero debt) 4. NLS has now had 35 (!) consecutive profitable quarters. Average earnings of the past three years $1.80 despite couple of tough quarters this year. 5. Retail sales growing like wildfire ... getting big enough to start really pushing up the bottom line in '04 (imo).