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Non-Tech : The North Face (TNFI)
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To: Sven H Khatri who wrote (31)7/25/1997 2:41:00 PM
From: Bollmonster   of 236
 
Sven,

I think they're inflated, too...but I don't expect them to pullback to below 18 or 19 until after Christmas. I think back to February and wish I had bought in at 14 then.

I don't think they'll pull back much because their next two quarters will be profitable...it's the first and second quarters that they lose money in. It seems to me that's when to expect a drop.

If they surprise upside next quarter, or give indications, the stock could still go higher. Wall St. in general is smoking something with the way they value some stocks, and now when they find a stock they like (such as TNFI), they're worse than usual with outrageous prices.

Any comments?

Bollmonster
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