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Non-Tech : Just For Feet (FEET)
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To: Walter High who wrote (292)8/15/1997 7:37:00 AM
From: Doug Coughlan   of 750
 
" While the loss was a bit narrower than Wall Street expected, traders focused on the softer-than-expected sales of athletic shoes at Woolworth's Foot Locker and Champs units." This is from the WSJ 8/15/97. The point is if Foot Locker athletic shoe sales are softer than expected the smart money may figure that FEET may be experiencing similar sales in that segment of the business. That might have contributed to the sell off yesterday.
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