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11 pts

Opinion on  Tiffany & Co. (TIF)     Sector: Services  >  Industry: Retail (Specialty)
Luxury Goods Purchases to wane into the holiday season

Sep 15, 2008 05:44 PM GMT
Picture
Return Risk
-25.28% MID
Sr. Analyst

Simply put, consumers will be purchasing fewer luxury goods as we move into the holiday season. With the retraction of about 2 Trillion in available consumer credit, credit cards are shoring up their balance sheets and deleveraging. This will have a real impact on consumers as they may find they don't have enough credit this holiday season to maintain their normal purchasing 'power'.

TIF:  This call was made on 09/15/08 @ $40.42
Rating:   Negative   $40.42 (09/15/08)
Gain/Loss:   -3.49% in 435 days
Target:   $37.50 (-7.22%) in Six months


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Angelina Rose   N/A     1 point   commented 434 days ago reply

Good information is posted.

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Angelina Rose N/A 09/16/2008



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