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Non-Tech : Vans Inc. BIG HUMONGOUS Earnings jump.
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To: DJ Levy who wrote (213)9/6/1997 12:36:00 AM
From: David and Elena Krikorian   of 403
 
DJ,

Thanks for the numbers. I agree with your asessment, VANS is selling at a deep discount to it's growth rate. From a technical standpoint, today's move is a strong breakout after a double bottom formation. Earnings are due out in a few weeks (approx).

Today's move might also have somthing to do with a brokerage upgrade of three footware makers (including SRR) as well as PSUN reporting strong earnings a few days back.

We should see 15 - 16 by the end of next week barring any market meltdowns.

Dave
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