Do you honestly trust anything this company puts out? Come on. Nothing they said makes any sense. Paying down the debt when you are running out of cash. Makes no sense. How the hell are they going to improve margin when unemployment is at 10%, oil is at 78 a barrel, competition is very stiff,and they just closed 200 stores.

There is no room to increase margins. Especially on watches. Look at movados and swatches numbers. You cant raise prices on watches and you can't cut into the watch companies margins.

Everything will be sold at a discount this holiday season. Everything