PR Newswire, Monday, June 23, 1997 at 13:49
BIRMINGHAM, Ala., June 23 /PRNewswire/ -- Just For Feet, Inc.
(NASDAQ:FEET), an Alabama corporation, announced today that it has postponed
its previously announced private placement of $100 million of Convertible
Subordinated Notes due 2004. The Company stated that Alabama law required it
to obtain shareholder approval to issue the debt. The Company anticipates
obtaining the required shareholder approval and recommencing the private
placement at a later date.
Safe habor statement under the Private Securities Litigation Reform Act of
1995: The matters discussed in this news release are forward looking
statements that involve risks and uncertainties and are not guarantees of
future performance.
SOURCE Just For Feet, Inc.
-0- 06/23/97
/CONTACT: Harold Ruttenberg, Chairman and Chief Executive Officer or Eric
Tyra, Chief Financial Officer, Just For Feet, Inc., 205-408-3000/
I believe this company is going up. It has steady earnings and is growing rapidly. Keep the faith.
Geri |
