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Non-Tech : Vans Inc. BIG HUMONGOUS Earnings jump.

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To: Feraldo who wrote ()1/5/1998 1:40:00 AM
From: Ted Levy   of 403
 
So we've established from Schoenfeld that devaluation of the won will slash COGS for VANS and could lead to a major expansion of gross profit margins. Great! However, does anyone on this thread know (beyond mere speculation) whether the economic turmoil in South Korea presents any kind of danger to the day-to-day functioning of Vans factories themselves, or is this not a material threat? Perhaps someone from the company could even respond here...

Ted
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