There's no question things are stinky at Gap, but to say fourth-quarter results will be so bad as to cause them to violate their debt covenant is a huge stretch of the imagination.
More Quotes from Richard Jaffe:
There's a lot of gray. It raises issues of freedom of choice and the medical establishment.Richard Jaffe
The issue is not the quarter, which was in line with expectations, but their guarded outlook for 2006. The business is struggling and it continues to struggle. Traffic is falling...
Richard Jaffe
If we don't see Pressler departing, the stock treads water.
Richard Jaffe
When you do that, The Gap declares victory. The Web site has just succeeded in getting you into the store.
Richard Jaffe
The medical examiner was specifically asked to amend the death certificate to make a homicide case against the defendant.
Richard Jaffe
Prosecutors are saying the use of hydrogen peroxide caused the death, and they have to prove it. That's scientifically impossible.
Richard Jaffe
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