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Non-Tech : Wolverine World Wide: Need some good shoes?
WWW 17.74+1.2%12:59 PM EST

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To: pat pasquale who wrote (155)1/24/1999 5:38:00 PM
From: tom jones  Read Replies (1) of 178
 
To all: There has been a few downgrades in the past month. Any reasons why? I haven't seen any bad news about business from WWW. I wonder if they are warning analyst about earnings first so it won't be a big shock to the market when they release the bad news? WWW has had 24 consecutive quarters of record sales and earnings. Maybe this is going to change with the next earnings due out the week of February 14. Earnings estimates for last quarter have decreased.
The chart shows a wedge forming and it was broken on the down side last week.
The company only had good things to say about their new brands last quarter. Has anybody heard about sales last quarter?
If there is going to be another record quarter this stock will fly.
Comments?
Tom
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