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Non-Tech : Vans Inc. BIG HUMONGOUS Earnings jump.
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To: Flan who wrote (124)4/30/1997 1:15:00 PM
From: eagle   of 403
 
Thanks David for your response.

I do have faith in the company, but what makes me nervous is that the company has not issued any statement about the recent slide in the stock. If the company is confident about the future then they should provide some kind of support, e.g., issue a public statement, buyback shares etc.

Also, the last earning report provides visibility into this quarter based on early bookings. To me this means that company did have 30% rise in orders in probably say Jan-Feb, but what about March and April. Recent news I have seen seems to indicate that sales of footwear have slowed down recently and that is why some analysts have
downgraded Nike etc.

I am still holding on and hoping for the best.
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