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Non-Tech : Just For Feet (FEET)
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To: Walter High who wrote (445)12/11/1997 6:47:00 PM
From: lanac  Read Replies (2) of 750
 
Hi
Yes its like walter said its all rebook
but FFET has nothing to do with all of this only that its a footwear chainstore
here is what i think and this is from RBK
Paul Fireman, chairman and chief executive officer, said, ''As everyone in our industry is aware, there has been a recent
softening in demand at retail for the athletic footwear and apparel market as a whole, which has resulted in a back-up in retail
inventories. We expect this softening and inventory back-up to negatively impact our anticipated fourth quarter results and,
accordingly, have reduced our expectations for the full-year 1997.''

So the RBK news is nothing but old news that sales in the athletic footwear has softent, but FEET hase TIMBERLANDS boots to ETC.ETC. so old news recycled
do you all agree with me??
let me know what you think
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