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Non-Tech : Sports Authority (TSA)

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To: Jason W who wrote (66)9/22/1999 6:23:00 AM
From: David Spruiell  Read Replies (1) of 94
 
TSA Short and long debt is 600 million, with 320 million inventory. Book value of $8.50
FEET. S & L debt 440 million, 400 million inventory and a book value of $11.00
The most realistic possibilities for survival of the shoe market is merger, or Ch 11 protection. Merger would help the stock prices the most.
I am long FEET at $3.10
Good trading to all
David
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