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Non-Tech : Just For Feet (FEET)
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To: Walter High who wrote (305)8/20/1997 8:41:00 PM
From: Analog Kid   of 750
 
Another newcomer to this thread - just checking out the company for the first time, after the big drop. Two concerns - the company had $130 mil in cash in jan and then in the april 10Q they had $10 mil. I take it the cash was used to make the acquistions, however over-eager expansion is one of the most common kinds of business failures. Before I saw the april 10Q I thought the company had $5 a share cash-debt, I was ready to load up :)

Never been in one of their stores, sounds very good from what I hear. An important question to all: what do you guys think of the management? That seems to be the crucial issue whether this is a good investment or just another flash-in-the-pan. Thanks in advance.
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