David Katz Quotes
Gap in better times can earn $1 to $1.25 a share. The stock is off from 40 to 13... And we think they're a survivor. Their balance sheet is going to weather this difficult time. They are going to get their merchandising right at some point. Our expectation is by the summer, fall, they are going to be doing better.
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They seem to be getting their act together, but the stock market has not reacted... What we're seeing in the broader market is companies can have one or two good quarters. Nobody pays attention. By the third quarter, where business is getting better, the stocks go up a lot.
- David Katz
