Candies (CAND) -- fast-growing footwear and apparel brand Message Board

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Non-Tech : Candies (CAND) -- fast-growing footwear and apparel brand

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To: Ken Paris who wrote (77)	6/17/1999 1:05:00 AM
From: Charles Skeen	of 103

Just My Opinion. The class action suits are probably no good for anyone, except the lawyers, who are now circling like vultures around a wounded animal. They are hardly ever any good for shareholders. They take a lot of management time to resolve and they take a lot of money to defend -- company (i.e. shareholder) money. Sorry, fellows. I bailed out of CAND when the first warning came last December. Back then I saw Steve Madden doing much better than Candie's at Roosevelt Field shopping mall. Recently, went to Tanger Outlet Mall, in Riverhead, NY. The new Steve Madden store extremely busy, but hardly anyone at Candie's. Perhaps Candie's remains financially sound and will have a good Fall. The price will probably be highly oversold when trading resumes and the stock may be a good speculation, but can one ever trust this managment again?

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