Wolverine World Wide: Need some good shoes? Message Board

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Non-Tech : Wolverine World Wide: Need some good shoes?

WWW 17.94

+1.2%

Dec 26 9:30 AM EST

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To: Chip Roos who wrote (70)	4/16/1998 4:25:00 PM
From: Ken Turetzky	Read Replies (1) of 178

Arrgh! What are you trying to do, Chip, get me going off-topic in the Wal-Mart thread? I really don't know what's up with WWW. The stock suddenly pulls back about 15 percent, the CEO hurriedly calls an analysts' conference to assure that the company can make earnings estimates of .13 this quarter -- but Bloom also sells 15 percent of his holdings, about 50,000 shares' worth -- and WWW is stuck at about 27 and not looking so great at the moment. With consistently great revenues, what are analysts worried about? There's also an item on the Yahoo WWW board about the company issuing 1.7 million shares to issue as bonuses to executives. I'm not sure if this would have a negative effect on the price as well.

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