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STKS: HAST



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It has become fairly clear after the last few days that most of you seem
to be deeply involved in trading options.  It also seems that most are
chart T/A types, which is great, because I am not.  As such, I would
like to hear from you regarding HAST.   Long and short of it:  Hast is a
speacialty retailer in the area of entertainment.  The co operates about
130 "super stores" renting videos, selling books, tapes, cd's, software,
etc.  Average store size is app. 21K square feet.  Co. has been in
business for thirty years and went public last year.  The co. reports
its first 10K in about one month.  Sales growth and store expansion are
tremendous.  The co. targets smaller markets that tend to be overlooked
by competition which is Borders Group primarily, and secondly Books a
Million.  The co. is now also targeting e-commerce.  Last week, the
company announced the acquisition of a $75 mil Unsecured line of
credit.  The stock closed today at 12 9/16,  book value of $10.50, 11
mil. shares out with approximately 3.4 mil in the float.  Based upon
this past x-mas season, I expect quarterly results to exceed current
consensus which is .57 per share EPS.  From a fundamental analysis
perspective, this company is perfectly poised and managed for steady
solid growth.  I suspect that part of its problem is the basic fact that
one full year of results have not been reported.  The analyst' list the
company's rank as No. 1 of 71 with a buy rating of 1.00, four brokers. 
While I believe that the stock will spike up immensely in March, the
price has been declining over the last seven trading days.  I have built
a large position in this one, and I would appreciate any and all
comments.