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Non-Tech : Vans Inc. BIG HUMONGOUS Earnings jump.

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To: EC who wrote (119)4/25/1997 7:51:00 PM
From: v chavez   of 403
 
All shoe stocks are under pressure.

Got the $1 rebound, but it took all week to get.

I'll take slow and steady increases anyday over slow or fast decreases in price.

Per the last earnings in March, the outlet per VANS is still good and they anticipate continued earnings growth.

No reason why it should be down this far except that the overall footwear industry is down right now.

Maybe it's giving the big boys an opportunity to buy at low levels, after which, they'll drive the price back up.

I'm in at 12 1/8 with 3K shares. Down a bit, but, hey, making money in the stock market isn't as easy as it was in '96 and '95. You gotta watch your picks and the industry they're in too.

Communications is tough now too.

Hope to see 12 by the end of next week.

Varn
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