Faisal Laljee

Gap: The Short Case

Detailed analysis and great writeup. I have to disagree with your outlook though. Everyone is discounting the value of the GAP brand and just like Structure (owned by Limited) changed its image to Express for Men, GAP too can undergo a serious face lift. Additionally, GAP is not just one brand. You have to consider the strength of Banana Republic and Old Navy. These are all out of favor currently, but with new management, all that will change. GAP's CEO is finally gone and I believe the stock is worth north of $25.

-- Faisal Laljee
stocksandblogs.com