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Non-Tech : The North Face (TNFI)

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To: Bazmataz who wrote (107)	4/7/1998 8:23:00 PM
From: Barry Shore	Read Replies (2) of 236

Stock is taking a beating. Does anyone know why? Yahoo thread suggests the fad is fading. But entries on that thread seem written by the shorts. Have you looked at the 2 year price chart? In 96 low was about june-july. Then price climbed throughout the late spring and summer wholesale selling season. In 97 low occurred at end of april. Then price climbed through september. Note September peaks in both 97 and 98. While I have a healthy disrespect for technical analysis, this pattern seems obvious: Buy now and sell in September. Has anyone else come to this foolish conclusion? Is there other news -fundamental - that would suggest this year would be different? Barry

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