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Non-Tech : The North Face (TNFI)

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To: Kenan who wrote (90)2/25/1998 8:16:00 AM
From: Bazmataz  Read Replies (1) of 236
 
Why do you think we'll see 24 before 30? With strong earnings growth, increasing margins and expanding product, there's no reason to think the trendline will be broken. EVen if we saw 24, that's only a 14% correction (for me, not a sell). I'll hold until the trendline is broken. There's nothing to indicate that will happen anytime soon.
Also, this is at least a hold, if not a buy, if not a strong buy. Volume is increasing while the stock is making new 52wk highs and retracing only minimally.

I'll stick with my shares until things change.

Thoughts?

Regards,
BC
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