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Opinion on  Zale Corp. (ZLC)     Sector: Services  >  Industry: Retail (Specialty)
Jewelry risky

Sep 12, 2008 07:50 PM GMT
Anything
Return Risk
+8.27% HIGH
Sr. Associate

easy place for consumers to cut, especially given high gold/silver/platinum prices in recent years.  High-end thinks they don't suffer in downturns, only subprime.  Big mistake, they will cut back worse than subprimers before it's over.


ZLC:  This call was made on 09/12/08 @ $26.19
Rating:   Negative   $26.19 (09/12/08)
Closed:   09/30/2008 @ $24.25 (+7.41% in 18 days)
Target:   $16.00 (-38.91%) in > one year


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