Comments on: Beauty school dropout… http://www.footnoted.org/gold-stars/beauty-school-dropout/ Michelle Leder's guide to what's hiding in SEC filings Tue, 06 Jan 2009 14:23:07 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Jon Ericson http://www.footnoted.org/gold-stars/beauty-school-dropout/comment-page-1/#comment-2579 Jon Ericson Tue, 24 Apr 2007 19:38:46 +0000 http://footnoted.org/beauty-school-dropout/#comment-2579 According to the press release announcing the deal (http://sev.prnewswire.com/education/20070419/CLTH06819042007-1.html), the Vidal Sassoon Academies will not be a part of the transaction. Also, the press release also seems to address the "why" question: 'Says Finkelstein, chairman and chief executive officer of Regis Corporation, "We entered the beauty school business almost three years ago with the vision of truly improving cosmetology education in America and that is still our goal today. In order to maximize the enormous potential of the beauty school division, it would be necessary for Regis to invest heavily in information technology platforms and management. Merging with Empire is by far the best and fastest way for us to achieve our goals."' According to the press release announcing the deal (http://sev.prnewswire.com/education/20070419/CLTH06819042007-1.html), the Vidal Sassoon Academies will not be a part of the transaction.

Also, the press release also seems to address the “why” question:

‘Says Finkelstein, chairman and chief executive officer of Regis Corporation, “We entered the beauty school business almost three years ago with the vision of truly improving cosmetology education in America and that is still our goal today. In order to maximize the enormous potential of the beauty school division, it would be necessary for Regis to invest heavily in information technology platforms and management. Merging with Empire is by far the best and fastest way for us to achieve our goals.”‘

]]> By: Frank Graham http://www.footnoted.org/gold-stars/beauty-school-dropout/comment-page-1/#comment-2577 Frank Graham Tue, 24 Apr 2007 18:48:29 +0000 http://footnoted.org/beauty-school-dropout/#comment-2577 hmm Used to trade this beast back when it was still a Naz one. CEO pretty much rules it. Always seem to be $20 and if/when had a screw up or CEO selling mass shares, the stock would recover. Last drop during overall mkt crash this hit @$12 briefly. Fast back to $20s and to NYSE for 30s & 40s. Still rem the coupon they sent for a free haircut as a stockholder with the annual report. LOL Wasn't going to Jersey for that. Ever since have stayed away from one man shops and closely held ones like WSTL. They can move but are freaky hard to trade. Plus Regis does far better during bad times since haircuts, like lipsticks, are rarely avoided. hmm Used to trade this beast back when it was still a Naz one. CEO pretty much rules it.
Always seem to be $20 and if/when had a screw
up or CEO selling mass shares, the stock would recover. Last drop during overall mkt crash this hit @$12 briefly. Fast back to $20s and
to NYSE for 30s & 40s.
Still rem the coupon they sent for a free haircut as a stockholder with the annual report. LOL Wasn’t going to Jersey for that.
Ever since have stayed away from one man shops
and closely held ones like WSTL. They can move but are freaky hard to trade.
Plus Regis does far better during bad times since haircuts, like lipsticks, are rarely avoided.

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