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Non-Tech : Just For Feet (FEET)

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To: Mark T. Heath who wrote (353)9/24/1997 9:14:00 AM
From: Walter High   of 750
 
Mark:

I am continuing to follow FEET to see what happens. If they can get this turned around and regain their focus, I think the stock has a lot of potential. I am holding on to my last 12 shares just so I get all the official mailings from them; my wife continues to own several hundred shares. I think they will eventually admit that the mall-based stores were a mistake and sell them off. On the other hand, from everything I have heard about Harold, he might throw every possible resource at making them work rather than admit failure. It could take the whole business down.

While you were busy with WDC and MTIC, I was fooling around with TKLC. Bought at 56 3/4 and sold at 62 3/4 a few days later. Then watched it split and go to 40. Was out of town when it dipped back to 31, so missed the opportunity to buy back in, and it ran back up to 39 in 2 days! If you want a wild ride with big potential for profits and losses, try this one. My inside information is that it has a lot of upside to it.

Walter High
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