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Non-Tech : Vans Inc. BIG HUMONGOUS Earnings jump.
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To: Allan Corrado who wrote (327)12/31/1998 4:04:00 PM
From: Night Trader  Read Replies (1) of 403
 
Good to see people are still around here. Vans is having problems with the current oversupply of sport shoes (overcapacity is endemic throughout retail) and has warned of an earnings slowdown next year. Still it's hard to believe that such a powerful global brand is worth only $80 million. A possible lift would be provided if they got their website to sell directly (rumored to be next spring).
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