Columbia Sportswear (COLM) Message Board

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Non-Tech : Columbia Sportswear (COLM)

COLM 49.63

-3.6%

Oct 31 9:30 AM EDT

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To: one putt who wrote (30)	9/29/1998 12:29:00 AM
From: Dennis Tom	Read Replies (2) of 38

I think ROST has been beaten down out just because they are in the same industry as TJ Max. I haven't seen or heard anything negative about this company directly. The way the street is treating this stock IMO has been pretty harsh. The only thing I can see as a negative is how much they are spending to remedy the Y2K problem. I recall it was a significant sum. Perhaps there are investors out there that think like this. I've been notoriously bad at calling the bottom but am looking to get in between 30-31. I think this is the next resistance level tested here. Their fundamentals look good and they have great exposure in the retail business by their commercials. I would like to here from you what you feel is the bottom for this stock. Back to COLM. Must be some profit taking on the NASDAQ market. Still a good long term hold. I read on the Yahoo board that the IR guy feels "comfortable" with this quarters earning estimates. If the IR guy feels good then I feel good. Good luck, Dennis

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