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Non-Tech : Just For Feet (FEET)
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To: Walter High who wrote (392)10/1/1997 2:28:00 PM
From: Mark T. Heath   of 750
 
"This move came much earlier than needed, however, in terms of growth. It was not
necessary to sustain what had been started. Subsequently, the attempt to swallow
these two chains was more complex and expensive than expected, it caused
unexpectedl overhead expenses, and ate into the capital reserves. Combined with the
unfortunate timing of the accounting change, the stock got hammered."

That's the key to me. That paragraph says it all in a nutshell. This is where all of the money, and of course the stock price, went.
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