Does anybody follow snowboard stocks here? I've been tracking Morrow for about 2-3 months when an analyst set a price target of $17 within a year (currently at $11.25). So far, not much movement. The reason I'm writing now is that I was in a sporting goods store today and noticed a lot of Morrow boards for the coming season. I asked the salesman and he said they got more Morrow boards than any other. He also said Ride boards were losing popularity. He said that their one little store had over a hundred Morrow boards. Sounded really good. I suspect that this would begin to show in Morrow's earning numbers by next quarters release. Does anybody know if this is true, and when are earnings due out? Are these boards popular in other parts of the country as well?
Thanks for your comments. |
