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Non-Tech : The North Face (TNFI)
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To: Kenan who wrote (67)10/17/1997 3:29:00 PM
From: Bollmonster   of 236
 
Kenan,

TNFI is due for a correction. They zoomed from $14 around January to nearly $28 seven months later. All on indications that this will be banner, huge growth year...but there hasn't been any proof yet. The proof will come with earnings at the end of this quarter.

So I'd say part of it is earnings jitters, but more of it is due to a little moderation. Even now, they're still up 50+% in seven months.

If you want to get in, I'd say this might be the best price for a while. The previous statement, though, assumes that they will continue to grow at their rapid rate. Do you believe this assumption?

Bollmonster
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