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Non-Tech : The North Face (TNFI)

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To: M. Robins who wrote (227)12/15/1999 6:11:00 PM
From: Ram Seetharaman  Read Replies (1) of 236
 
TNFI's problems can be fixed. It is going to take some tough leadership to reorganize the Company, cut costs and fat, and show profit and revenue growth. It is definitely not a $ 4 stock. As far as SNOW, if they boom then they can buy TNFI with their stock. If SNOW could, so could TNFI - if they straighten out! TNFI is showing some signs of improvement by closing the Colorado operations and consolidating. Wall Street will listen once it starts showing sales and profit growth - otherwise they can be bought out by someone who knows how to buy them and set them straight. Either way at $ 4, TNFI is a joke! Patient investors buying at these levels will be eventually rewarded. This is not the internet or microchip business - so let us not get carried away for any quick-fix schemes!
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