Joan Storms
Joan Storms
earnings holiday last line ran sales since stock
The stock ran up since the last earnings call, and the holiday sales were in line with expectations, not great.
addition current expense further image management potential progress remain sharper therefore turnaround
While current Sharper Image management is making progress with expense initiatives, the merchandise turnaround should take longer. In addition there is the possibility of further near-term disruptions with a potential takeover of the company. Therefore we remain on the sidelines.
ability concerned definitely execute
We are definitely concerned about management's ability to execute this upcoming turnaround.
cash flow numbers taking year
We don't know what the numbers are for year end, but the cash flow has got to be down significantly, and now they are taking on debt.