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Non-Tech : Just For Feet (FEET)

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To: GERI EASTER who wrote (297)8/20/1997 8:58:00 AM
From: Walter High   of 750
 
FEET colleagues:

Earnings are out and they are bad: sixteen cents compared to an expectation of twenty cents. The company is showing practically a zero growth rate in earnings despite nearly doubling sales. I have not had time to look at the figures in detail to see what is going on. If you are reading, Mark, maybe you could provide us some insight as a CPA.

Unless the company can overcome whatever current problems it is facing, this is a ten dollar or worse stock. Watch for it to go down today and over the next week or so.

Walter High
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