Converse CVE Athletic Shoes Message Board

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Non-Tech : Converse CVE Athletic Shoes

CVE 16.66

-2.1%

Nov 4 3:59 PM EST

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To: Justin Banks who wrote (7)	7/31/1997 8:29:00 PM
From: Kashish King	of 35

Well, they went from earnings of .26 with a one-time result of .71 all the way down to a nickel. At the same time the CEO is warning about exchange rates, reduced royalty income; while saying nothing about the new products coming out back-to-school, et cetera. I have been watching this for many months and kicked myself for not getting in at these levels the last time around. The brand equity, low number of shares and low market cap makes this a good long-term bet, I got in before the bell today hoping to idle above water until they announce whatever plans they have to boost earnings. Best time to buy a stock like this, not that there isn't any downside risk, time will tell.

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