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Non-Tech : FINL (Finish Line)
FINL 13.510.0%Jun 18 5:00 PM EST

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To: set who wrote (92)10/6/1997 4:25:00 PM
From: Steven W.   of 209
 
Shahar,

Woolworths was downgraded today Ticker " Z ." This stock has
been on the decline. It hurt the footwear stocks today. I think it is
a positive for Finish Line. They are eating away at their competition
in the malls.

This sector is usually down in the 4th quarter of the year. You are
right on the money as far as how Nike can affect this stock. Nike has
been weak the last 3 months and Finish Line has been strong.

This trend is unusal. I hope we can hold $18 as a short term base.
I still feel that earning estimates will rise for the 3rd fiscal Quarter.
If Christmas is strong, then watch for a nice rise early in 1998.

Steve
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