Joan Storms Quotations

While current Sharper Image management is making progress with expense initiatives, the merchandise turnaround should take longer. In addition there is the possibility of further near-term disruptions with a potential takeover of the company. Therefore we remain on the sidelines.

We are definitely concerned about management's ability to execute this upcoming turnaround.

We don't know what the numbers are for year end, but the cash flow has got to be down significantly, and now they are taking on debt.

The stock ran up since the last earnings call, and the holiday sales were in line with expectations, not great.

They have been through some tough times before, but this is by far the worst.

Clearly, earnings are slower this year and there's not a new catalyst, but we still like the company longer-term.