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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: DanZ who wrote (21945)	1/19/2000 6:27:00 AM
From: Ron McKinnon	Read Replies (1) of 53068

Dan KSWS I agree on limited downside but I'm not quite as sure on the upside for the next few months balance sheet wise it is just fine but top line and forward bookings suggests they still have some worms to kill: future orders being the primary one styling, new distribution channels, and a bit on the Inv + A/R side as for the stock buyback I'm surprised in Q4 they did 360,000 shares for $6,017,000 an avg of 16.71 I would have though a lot more than that and at lower prices hell, you and I bought way lower than that that suggests they were not buying in the open market when it was down in 11-13 range does not make sense to me; I've got to chew on that one; a lot cause that bugs me more than anything else last time I went in this heavy; almost too heavy the only mistake I made was selling too soon and not sitting for a huge gain to the high teens this go round I need to find a compelling reason to get in and/or go heavy with patient money I'm just not there yet

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