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26 Jul 2007

	RACK Going To Announce Quarterly Results RACK has gotten hammered lately for no reason leading up to the conference call. I have already got 150 shares from when I . LIKE USUAL, that trade turned into an investment when it started going down. I have confidence in this company (for some reason) as it has gotten hit so hard the last few months. After the major dip these last few weeks I think it will look cheap when they announce just OK numbers. There is also rumor that they will be bought by DELL or some other hardware company. I haven't traded one earnings announcement this earnings season, so I think this is a fair one to trade. I bought in another 150 shares at $11.50 just minutes before the closing bell. This takes my average too $12.25. I easily think it would pop above that off OK earnings.

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