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Non-Tech : Stride Rite (SRR) Children's Shoes, Keds
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To: SirAlexx who wrote (65)8/7/1998 11:23:00 AM
From: Carey Thompson  Read Replies (1) of 100
 
Its encouraging to see SRR show up on the radar screens of alot of brokerage houses. The brokers have finally saw the light. But at the same time SRR is becoming socially acceptable, it's stock price is languishing.

Remember, SRR has shoe mfg contracts with NineWest, Levi's, Tommy Hilfiger, and others. These contracts have been the source of sales and profit growth over the last 2 years and appear to be reasonably stable business. I believe the reason for a low stock price is --THE SHOE BUSINESS IS UNSEXY. Even so, I will continue to hold this increasingly profitable company in my account.

P.S. here is another Wall Street recommendation

Friday August 7, 9:34 am Eastern Time

RESEARCH ALERT - Merrill starts Stride Rite

NEW YORK, Aug. 7 (Reuters) - Merrill Lynch on Friday said it started coverage on Stride Rite Corp (SRR - news) with a near-term rating of accumulate.
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