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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (39819)	5/11/2011 6:12:44 PM
From: Paul Senior	Read Replies (2) of 78744

Latest shoe fad: "FiveFinger" shoes. A little too outre for me. I'll have to warm to to the look. Not to mention again get used to wearing shoes without socks. cnbc.com\|headline\|quote\|text\|&par=yahoo Meanwhile, I assume Skecher's is reducing undesirable inventory levels of its past recent fad, "Shape-Ups". It's been in this overstock situation before, and the business and stock have recovered. I assume it will be so again. With SKX stock at 9-10 p/e and near a 12-mo low, I've added a few more shares to my position. On p/e basis, stock is cheapest of all the well-known footwear manufactures that I'm seeing. finance.yahoo.com

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