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Non-Tech : The North Face (TNFI)

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To: Ram Seetharaman who wrote (226)12/15/1999 5:04:00 PM
From: M. Robins  Read Replies (1) of 236
 
TEENS?
Not with this management team and board.

Amazing that you can take such a great brand
and leverage it into this stock performance.

Instead of holding out for unrealistic
per share buyout offers, they should be looking
for someone to take this thing over and improve
the bottom line.

Don't hold your breath waiting for the teens or
for a 3X takeover offer.

How's this scenario though...SNOW gets their
website working, have a great, highly visible
launch (do you think they know how to do that?),
they IPO and then take out TNFI with hyper-inflated
stock. They get critical mass, a retail presence,
the cover of Business Week, present Patagonia with
a credible competitor, and those of us stuck
with TNFI get made whole.

Anyone buy that?
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