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The Company, together with its wholly owned subsidiaries, is an international specialty retailer and cataloger of women's, children's, and men's apparel, accessories and shoes.
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metoo105 (99.80) Submitted: 5/02/08 3:09 PM : Start Price: $8.03 TLB Score: 7.95
To add (or emphasize) a few points:1. Debt! Debt service is almost $40M a year.2. Debt!!! Cash on hand will cover just about 2 quarters of debt service, assuming break even operations. 3. No more new debt to finance to finance prior debt!!!4. Worst segment of the retail apparel market to be in when the economy sours, since moms are the first ones to do without.Conclusion: heading to a bankruptcy court near you.
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