The North Face (TNFI) Message Board

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Non-Tech : The North Face (TNFI)

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To: developer who wrote (117)	5/20/1998 1:05:00 PM
From: Jack Be Quick	Read Replies (1) of 236

The market seems to be reacting positively to the management news today. I suppose the new CEO is viewed as having the right kind of mass retail marketing, growth and big co. experience. Any thoughts? I'm a little curious about $14 million investment. How did he purchase "newly issued" stock at open market prices? Does this simply mean that he exercised some stock options? At any rate, I guess this means he's invested now. Hopefully, the price action today is the beginning of the annual up cycle. The co. still seems like a good investment to me. Btw, I remember hearing some buzz about a NYTimes article this Sunday. Did anyone here see it and care to tell us about it? TIA, John

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