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Non-Tech : Converse

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To: Aaron Kind who wrote (5)	1/28/1997 10:12:00 AM
From: Flan	of 23

Just an idea - Take a look at Vans - 8 consecutive qtrs of exceeding estimates - As with converse Marty Zweig a noted value investor just filed indicating he has a 8% stake in the company - Vans management is top notch ( Gary Shoenfeld is well respected CEO formerly of Britanica) Company is expected to earn close to a dollar this year - giving it a 13 P/E or a thirty percent discount to its group. Stock got hammered after three momentum mutual funds 20th, Duncan Hurst and PBHG got impatient after owning the stock for a month. After the sell off the company reported an 0.18 cent qtr beating the street estimate of 0.16 Company has already stated this qtrs order backlog is 30% above last year This stock is a steal!!!

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