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Non-Tech : Just For Feet (FEET)

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To: Walter High who wrote (339)9/21/1997 12:57:00 AM
From: Mark T. Heath   of 750
 
Hey Walter, long time no talk. Even though FEET has bounced about two points since the big selloff, it doesn't appear to heading upward any time soon. It may take a big surprise to the upside thanks to the back to school season coming through in a major way to get this stock back on its feet again. Oh, what a terrible and unintended pun. I have never taken a look at the last financials, so can you tell me where all of the company's cash went in just one quarter? In retrospect, I'll bet management is second guessing the shift to the mall concept. Cash drain and no profits are a nasty, dual edged sword.

Check out the MTIC thread here on SI.
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