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Non-Tech : Cannondale Corp. (BIKE)
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To: Marco Polo who wrote ()7/11/1997 11:30:00 PM
From: Fredric D. Bellamy   of 103
 
There is disappointment at the GT Bicycles thread after that company announced earnings below the estimates, blaming, in part, "challenges" in the market for adult mountain bikes. BIKE has also been trading lower this week. Do you think that BIKE has moved merely in sympathy with GT, in response to GT's statement about the mountain biking market, or for reasons particular to BIKE (or some combination of the foregoing)? As a BIKE investor, I hope that the downward move merely reflects the first possibility. Any thoughts?
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