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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Clothing Retailers continue to shine

May 2002

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The FTSE General Retailers Index has posted an impressive 47%increase (from 1,418 to 2,090) since its low in October 2000,outperforming the FTSE All Share by a massive 62.3%.  Within thatsector some clothing retailers have posted even more startling gainsfrom their lows reached in 2000, including New Look (up 352%), Alexon(up 303%) and   French Connection (up 40%).   Back in February this year we highlighted these three shares, all ofwhich have since posted further gains, demonstrating the benefits ofspotting a rising trend and sticking with it – a philosophy at theheart of TMI.  The catalyst for the rise at  upmarket fashion retailer, French Connection ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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