Morrow Snowboards (MRRW) Message Board

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Non-Tech : Morrow Snowboards (MRRW)

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To: Keith A Shribbs who wrote (19)	5/3/1997 1:34:00 AM
From: Jim Boomgard	of 56

I think that the future of snowboarding is assured, but the snowboarding industry is going to have some tough times ahead. Since I got in a while back, my losses are large enough to just ride it out for a while in hopes that Morrow will be a part of the industry that is able to maintain above average profitability. I think we will see some consolidation, but whether that will contribute to earnings as well as market share is still a mystery. Morrow's very scarce public statements seen to hold some optimism, but there continu to be a lot of insider sales (although some of this is probably related to the forced holding of shares after the IPO). It would be nice to get some more ideas in this forum, particularly from anyone who might actually know something useful. I'm guessing that we'll see stability in the $3-$4 range for a while -- at least until someonw can see what the fall and winter sales will look like. This year that information cam rather late (too late to bale out of the stock). Good luck to all, Jim

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