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Non-Tech : Invest / LTD

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To: 007 who wrote (3472)9/28/1998 6:03:00 PM
From: waverider  Read Replies (1) of 14427
 
NKE in-law WWW:

Footwear maker Wolverine World Wide (NYSE:WWW - news) was walloped for a loss of $3 1/8 to $10 3/8 after Warburg Dillon Read downgraded its rating on the company to "buy" from "strong buy," saying that
footwear sales will be weak in October, retailers still have not corrected inventory gluts, and Wolverine may be hurt by the
economic turmoil overseas...

NKE below resistance again and never made it to 43. I'd be willing to add to my put position now if I had more money.

<H>
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