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Non-Tech : Steve Madden (Nadaq: SHOO)
SHOO 34.33-0.2%Oct 30 3:59 PM EDT
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To: DCPI who wrote (3)9/7/1997 4:03:00 PM
From: Eduardo Canto   of 27
 
Sean,

I estimate that they will make $0.6 in '98. Based on this a target of $12 is fairly conservative. Looks like it is under some accumulation at $7. The next move should take us to about $8.5.

Regards,
E.C.
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