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Non-Tech : Converse CVE Athletic Shoes
CVE 17.02+0.7%Nov 3 3:59 PM EST

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To: Nellanosa who wrote (30)6/19/1998 6:04:00 PM
From: sean o'connor  Read Replies (1) of 35
 
I'm out here waiting for a sign. This is the 2nd trip under $5. In the summer of '96 it went under $5, then muddled it's way to about 7+ by November and then took off to a short plateau at 14+(where I got off) and then rapidly went to 27/28 with 2 different 4 1/2 point one day moves along the way. That run was based on no earnings/just new product intro and an overall rising market and shoe sector in particular. This time around we are anticipating earnings and the new products are in the mainstream(I see their basketball shoes every day in the gym). I believe this is on the way up again. We have a major brand name, a real made in usa label(on all-stars, anyway). I'm interested in anything anyone knows. good luck. I believe we have a possible home run here. So, whaddya think!
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