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$7.31 -0.74 (-9.19%)
10/6/2008 4:01 PM

Saks, Inc. (SKS)

CAPS Rating:
**

The Company operates through Saks Fifth Avenue, Off Fifth, and Club Libby Lu stores. SFA stores are principally free-standing stores and offers distinctive luxury fashion apparel, shoes, accessories, jewelry, cosmetics and gifts.

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Avatar ResearchLover (< 20) Submitted: 5/01/08 2:03 PM : Outperform Start Price: $13.60 SKS Score: -14.98

Nibbling like a catfish...





I did the math and >$60B in rebate checks go out. I wouldn't be surprised if nearly some single digit percentage of that goes to each retailer. That would do the trick.





Note I'm picking the stock now, not just before the next announcements. Expectations are everything, well, at least worth one thumb up. Never mind you I don't think it will happen. But if you buy into the above reasoning, then give it two thumbs up.

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