SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Just For Feet (FEET)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: R. D. J. who wrote (198)5/21/1997 1:18:00 PM
From: Walter High   of 750
 
FEET colleagues:

The numbers look good to me also. They hit the mark exactly which does not thrill the Street anymore, but at least indicates that they are staying the course. It does not look like there is any residual effect from the restatement of earnings last quarter.

Right now, FEET is trading in the mid-17's. That gives it a PE around 18-19 based on this years expected earnings ($0.94). Next year is projected at $1.27, so if it maintains the same PE, the stock price should rise to the $23-$24 range. That, however, is 35% growth and if the Street regains some confidence in FEET, the price should go higher than that. If it jumped up to match the growth rate, the price could be double ($46-$48), although I doubt it would go that high.

I am ready to jump back in but am trying to decide whether to just buy the stock or jump in through options.

Walter High
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News