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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Jon Tara who wrote (5120)3/17/1998 1:21:00 PM
From: Mike Farrar  Read Replies (2) of 18691
 
JUST FOR FEET ( FEET )

Just for Feet has been set to release earnings today
after the close. Somebody messed up the report
date. It is not until Monday after the bell. The stock
has run up on earnings and rumors that the CEO was
going to step down. His son was the one that was
going to quit because he wanted to start his own
business. A whole bunch of people are going to
freak out when earnings don't come today after the bell.
Nike (NKE) reports substantially lowered earnings on
Friday before the bell and I think this will put a very
negative tone into the sector. Around the first of
February FEET was trading at $ 13.00 a share. It is
now over 61% in only 7 weeks. Also Friday is triple
witching expirations.

Jeff
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