Chico, Don’t Be Discouraged

What’s happening?
Another “Can’t Miss” stock…misses. This time it’s Chico’s FAS (CHS), which earned 24 cents a share, one penny below the Street’s forecast.
Apparently, one of penny of earnings is worth about 650 pennies in equity. The stock is currently down over 13%.
CHS.bmp

Posted by on March 2nd, 2006 at 12:52 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.