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Non-Tech : Wolverine World Wide: Need some good shoes?
WWW 18.21+0.3%3:59 PM EST
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To: Ken Turetzky who wrote (47)1/22/1998 3:38:00 PM
From: Chip Roos  Read Replies (2) of 178
 
Ken:
For what it's worth, there is another footwear company called Nine West Group (NIN) which has had some problems lately. Their stock has dropped by about 50%.....
Anyway, I have heard strong rumors that they will announce at least 300 layoffs next week; middle and upper management included. This may be good for a pop of a few points. Don't think I'd own NIN longterm but just thought I would pass this along.

Chip
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