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Non-Tech : Just For Feet (FEET)

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To: Scott Finchler who wrote (427)	11/3/1997 12:50:00 PM
From: Petz	of 750

Scott, explaining my last post: >> 0.024 = desired increase in Net Income, and >> gross margin of 42% Someone earlier posted that the First Call consensus earnings estimate was 0.18. The earnings last quarter were 15.6 cents, so 0.024 is the difference. Gross margin is (Sales - Cost of Sales)/Sales. Cost of sales doesn't include things like overhead, advertising, interest cost, etc. > I think we're likely to see a >> better than 1% comp store sales > increase because of the back-to-school business Great! > are your calculations based on new stores in the last quarter? Yes, IMO, that's why last quarter was disappointing. SEVEN new stores were opened in the quarter. The stock does look great today, along with my other retail stock. biz.yahoo.com Apparently Merrill Lynch initiated coverage of FEET with an "accumulate" Petz

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