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Non-Tech : Vans Inc. BIG HUMONGOUS Earnings jump.

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To: Flan who wrote (19)2/18/1997 6:40:00 PM
From: Flan   of 403
 
I am in total disbelief with Converse vs Vans - Lets recap today

Vans CEO says he is bullish on the company and sees strong growth ahead

First Call By Robertson Stephens says could be upside to qtr numbers
sees company possibly earning 1.10 a share in 98

Wedbush and Red Chip put out positive reports

Now to Converse

Company is going to lose money in the coming qtr but sees possibly .50 next year

So What happens Vans up 3/8 and CVE up $5

Vans is trading at 11 P/E to next years numbers
CVE is trading at 54 P/E

This Market is totally irational!!! Frustration!!
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