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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: Ken Turetzky who wrote (100)7/17/1998 4:41:00 PM
From: Chip Roos  Read Replies (1) of 178
 
Ken:
Cooincidentally, a good friend who works for WWW dropped by today so I got some general scoop.
His feelings are that WWW has split 4 times in the recent past and that he wouldn't buy the stock right now. He said that their international business is excellent, licensing is excellent but the Hush Puppy domestic business is fair at best.

Overall, he ways WWW is a very good company but the stock runup makes it a bit pricey, even at this level. He's no expert but at least shed some light on what's happening.

I wouldn't dump the stock yet. Let me get back to you after Vegas.

Chip
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