Vans Inc. BIG HUMONGOUS Earnings jump. Message Board

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

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To: David and Elena Krikorian who wrote (221)	9/23/1997 2:27:00 PM
From: boner	of 403

RESEARCH ALERT - Gruntal starts Vans Inc NEW YORK, Sept 23 (Reuter) - Gruntal & Co said on Tuesday it started coverage on shares of Vans Inc, which designs and makes alternative sports footwear with a strong buy rating. Gruntal said it expected Vans to achieve 20 to 25 percent annual earnings growth. Gruntal said earnings growth driven by Vans' strong position in expanding alternative sports sector, continued performance at retail, a growing teen population and development of the company's international, apparel and snowboard boot business. Gruntal set a 12-month price target of $24 a share. 1998 earnings estimate $0.95 a share and 1999 earnings estimate $1.15 a share.

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