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Strategies & Market Trends : Value Investing

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To: Cogito Ergo Sum who wrote (32099)	11/21/2008 11:08:56 AM
From: Paul Senior	Read Replies (2) of 78634

Shoe related stocks continue to get stomped. Foot Locker lowers view and drops 40%: reuters.com That seems to have affected other shoe retailers. I'll up my small [t]PSS[/t] (<span style='font-size:11px'>LAST</span>: 5.0<span style='font-size:11px'> 11/21/2008 10:53:34 AM</span>) position a little now - just a few shares - and add a few shares to [t]SKX[/t] (<span style='font-size:11px'>LAST</span>: 9.38<span style='font-size:11px'> 11/21/2008 10:53:31 AM</span>) too. [t]FL[/t] (<span style='font-size:11px'>LAST</span>: 4.36<span style='font-size:11px'> 11/21/2008 10:53:41 AM</span>) doesn't look too bad a current price. In some ways, better than PSS. Unlike PSS, FL has more cash than debt. Both companies profitable every year in past ten.

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