the message boards this past week and they are
two exciting companies, both of which are from two of
Pickle's suggestions. Pickle suggested a look at BFCI
(Braun's Fashions Corporation) and ACMR (A. C. Moore, Inc)
both trading on NASDAQ under the symbols
I did my own Due Diligence and liked what I saw,
like yourself and bought in at 8 and then paid a
little less a few days later. At current prices, I've
got an almost 50 % gain and it's in less than 3
months and according to all the stats I read on BFCI, I
still consider it very "undiscovered" and look for BFCI
to go through it's peak of last year of 14 3/8 and
move up to the 16's for a minimum. At 16, with $ 1.50
expected in earnings for this year, and with BFCI opening
30 new stores in this current fiscal year, I
consider it only "fairly" valued at 16. BFCI has a website
In all my years in buying stocks, I've found that
Wall Street always works in excess. When a stock
should get punished for a poor performance, it's always
punished more than it should be. And conversely, when a
stock should ride the crest of euphoria, it always
moves up further than it should. If BFCI comes under
this very common Wall Street "spell," it's entirely
possible for it to penetrate the 16's on the upside and
move to ? It's then and only then that I'll decide to
leave this "ship" and look for another "ferry" for my
BFCI has $ 10 M in cash which amounts
to $ 2.05 cash in every share. Long term debt is
down to $ 200 K. Their Current ratio is 3.23 to 1,
excellent for a retailer.
Meanwhile, at 11 3/4, BFCI
is still very much a bargain and yet to be
discovered by the searching eyes of Wall Street uncovering
Pickle also recently showed me A. C. Moore, Inc. (ACMR)
on NASDAQ and called my attention to the June issue
of Worth Magazine in which MIKE (Michael's Stores)
was noted as one of 7 value oriented stocks to invest
in today for uncommon growth. ACMR is one of MIKE's
competitors in this vast fast growing $ 11 B Arts and Crafts
Industry. With MIKE having a PE ratio in excess of 18, if
you just apply a price to ACMR based on 75 % of
MIKE's PE, you will see ACMR selling in the low 9's and
if MIKE continues it's upward path, ACMR will be
dragged even higher. Analysts project $ .69 for ACMR this
current fiscal, up from last year's $ .51. ACMR was a B.
T. Alex Brown new issue at 14 less than 2 years ago
and has already traded at 19 within the past 12
months. Go to the ACMR website and view their
Both of these companies, BFCI and ACMR make real
investment sense and are what I consider undiscovered and
Have a great weekend.
you're right. My sources are telling me the same
thing. They have money and technology, but no pipeline
or logistics management. They are looking for
retailers with fulfillment infrastructure, like catalog
operaters. The delias/ I-turf is a good example of a spin
Now that Pauh has a catalog and fulfillment, maybe
this is a way to cash out CF with dignity and have the
new guys hire some real reatilers to run both.
By the way, I think Gantos has an infrastructure
that someone could pick up cheap in a
As far as finishing the sentence on CF, well lets
let monski do that. He has the mouth for it. When
things cool down on the Pauh board, maybe we can get
back to the basics of change there.
know anyone on the inside at Pauh?
I sure would
like a crack at CF on the
By the way, has DB pursued the . com route?
should be here next route.
Heres to a great
It's Attilla the Hen (CF to all new posters) that
I would like to..., well you take care of
On reflection and too much to drink I agree that
bringing in a Limited person would be great to pull the
two groups together and eliminate redundancies. The
CFO, Tony is OK but you need an operator in mergers to
make it happen, not accountants.
So DB, as you
roll out of bed in Barr. today pick up the phone and
call Andrea Weiss at LTD corp, make her COO. Let's get
cooking and get the stock to $10 in June.
Strike I see a lot of Retailers under consideration for
acquistion as the "dot.com"r's have come to their senses and
realized that supply chain management is as critical to
their survival as a cool website. I hear a lot is in
the works from some buddies.
I also drank too
much because of the investment in RAD, oh
Doesn't she have a CFO that is hard nosed?
Department store exec's typically don't fit in well in
specialty stores. I opt for a Limited Store exec. None more
ruthless than a graduate of Les's school for the
Sorry, I'm not going to the NRF this year. Got a new
assignment that will keep me busy for a while.
Chicago thing, is the speculation that CF and DB were
meeting last year. As it turns out, DB had a better thing
going with CATH it would appear. Don't think that CF
and DB would have been good sisters
Long term, you play on RAD may work. The Fred Meyers
guy brought out his entire team with him. They
cleaned house and needed to.
RAD is another expansion
story gone bad.
Don't you wish retailers would
stop expanding in bricks and morter and get with the
Anyway, its about time DB gets with
the program as well.
I agree she needs to bring in someone who is
objective and has no axe to grind. I think she needs to
surround herself with some butt kicking operations person,
I think she has too many yes men/womem, not
sycophants but still no one with a hard edge, like a May Co.
What is the reference to Chicago
I agree ther PAUH board is out of control with very
little discussion about the business, I am tempted to
call the monski guy, but why waste one's
Are you going to the NRF? I can't so I will leave the
challenge up to you to woo Dorritt and tell her how to
improve the biz, maybe takeover Indy? Tell her i send all
of my love!!!
Flush. PS I got in RAD at 9.00
msut be nuts!!
16619�of�16705The hot stock pick of the week -
Analysts predict strong buy on TTRIF
and target price
for TTRIF is $0.35 to $0.50
1) Expect revenue
to increase($1.2 million) and
(secured $200 million in
2) New Management team will start a stock
Program soon and will aggressively pursue new
This stock is going to be very hot and is about to
Check it out
Don�t miss it this time.