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Strategies & Market Trends : Sharck Soup
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To: American Spirit who wrote (34755)9/10/2001 10:50:03 AM
From: American Spirit   of 37746
 
Here's my other favorite at 12.5 PE and down 10% in a week.
"Skecher U.S.A., Inc. designs and markets branded contemporary casual, active, rugged and lifestyle footwear for men, women and children in over 100 countries. For the six months ended 6/30/01, net sales increased 54% to $458.4 million. Net income rose 81% to $33.9 million. Revenues reflect continued products demand and increased brand awareness and marketing efforts. Earnings also reflect increased gross margins due to reduced inbound ocean freight costs." That's my SKX and it's hotter than ever even during a recession. $10 cheaper than Nike/Reebok and more fashionable plus they make Keneth Cole type young dress shoes at half the price. Vans is the other hot shoe company.
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