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7 pts

Opinion on  Tandy Brands Accessories Inc. (TBAC)     Sector: Consumer Cyclical  >  Industry: Apparel/Accessories
Bullish on TBAC ...

Nov 16, 2009 01:43 PM GMT
Foto
Return Risk
-24.55% HIGH
Principal

Tandy Brands Accessories, Inc. (NASDAQ:TBAC) declined 10.97% to $3.41 after the company reported results for the first quarter of fiscal 2010 ended September 30. At the end of the first quarter, Tandy had $1.9 million of cash and borrowings of $16.5 million under its $27.5 million credit facility. In October 2009, Tandy announced that it had signed a new amendment to its line-of-credit financing facility with Comerica Bank extending the term to April 2011 while reducing the interest rate.


TBAC:  This call was made on 11/16/09 @ $3.3
Rating:   Positive   $3.3 (11/16/09)
Gain/Loss:   -13.61% in 86 days


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