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Strategies & Market Trends : Value Investing

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To: Michael Burry who started this subject9/21/2001 2:13:33 PM
From: Night Trader  Read Replies (1) of 78745
 
Take a look at SHOO today among the fashion retail carnage:

A steady 20%/ year grower

Trailing PE of 5.75

Estimated forward PE of 4.76 and not yet has missed estimates.

Trading very close to tangible book with no debt and 29% of price in cash.

Some insider selling it's true but at twice current prices.

Unknowns are possible recession and fickleness of fashion.

I picked up some more today at around $8
(I bought last year also at $6.5.)
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