Just For Feet (FEET) Message Board

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Non-Tech : Just For Feet (FEET)

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To: Rohit Sood who wrote (338)	9/19/1997 11:11:00 PM
From: Walter High	of 750

Rohit: FEET is at a critical point in its history. It has strayed from its original strength in establishing superstores and returned to the mall-based concept with its recent purchases. These acquisitions have hurt the bottom line and have weakened its primary mission. Right now the market is waiting to see how well FEET can adjust the the problems it has created. Will it right itself and continue its strong growth, or will its dilution of its superstores drag it down? The next earnings are due out in November and will include the back-to-school period, which is traditionally one of its strongest. The stock will probably drift until the end of October. Watch the movement from Oct. 25-Nov. 1. If sales have been good, the stock will start to rise on insider buying or on buying by people who know insiders. FEET's traditional pattern is to move up strongly just before a good earnings announcement. If it languishes or drifts slightly down, GET OUT! I have recently received some private e-mail about management discontent at FEET stores. I am trying to check this out and will post something if and when I have better information. Don't like to pass on unfounded rumors. Walter High

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