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Non-Tech : Vans Inc. BIG HUMONGOUS Earnings jump.

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To: boner who wrote (211)8/28/1997 9:32:00 PM
From: Ted Levy   of 403
 
This seems to be an extraordinary time to get into Vans! They're being managed better than ever and their momentum as a company is gathering a lot of steam; meanwhile their P/E, price/sales and price/book represent a classic value play... there's a lot of room for appreciation and some real downside protection. I like the diversification into the surfing side...it seems like a logical extension of the skate/snowboard angle. But more and more people I meet are also buying them now just because they look and feel great.

I've just bought shares for my SEP account...

Ted
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