Sunday, September 11, 2005

Sunday Preview

We're initiating coverage on Celgene and Chicos this weekend.

Celgene we are extremely bearish on, and think it may make a great short candidate.

A Barrons story on Saturday didn't stress enough that Celgene is a 2 trick pony, at best.

Chicos is the Florida based catalog retailer that is, well, on fuego.

A recent endorsement from Jim Cramer, as well as Fortune Magazine, has driven more attention towards the fast growing company.

We've always liked the direct marketing/catalog business and Chicos is our first pick in the group.

Stay tuned for those full reports.

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