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To: James Clarke who wrote (7730)	7/12/1999 11:06:00 PM
From: Paul Senior	Respond to of 78462

Lot of these athletic shoe companies have done well. KSwiss, for example. Vans, which I posted on here a few months back at 7 (bv) is now 12. Sorry I talked myself into (or got talked into) not buying. (Evens out the good advice I got not to buy Fila, which has been cut in half from where I planned to purchase.) BTW, OJ (Orange Co.), that Florida real estate company I was asking about a week or so ago at 4 3/4, is now over 6. Another one I missed! And the best real estate move I've seen in a while, Florida or no Florida.

To: James Clarke who wrote (7730)	7/13/1999 12:51:00 AM
From: jeffbas	Respond to of 78462

But is MAXS going to be profitable consistently in the future with the loss of that business? In other words, are they getting a string of losses in the future for $25 million now?

To: James Clarke who wrote (7730)	7/13/1999 4:11:00 PM
From: Wallace Rivers	Read Replies (1) \| Respond to of 78462

MAXS - I like it, but don't know too much about their remaining shoe lines - Mootsies-Tootsies, Sam & Libby's. It does concern me that sales of M-T went down pretty significantly last Q. 13-1 Current ratio, 0 debt, profitable, trading below BV. I did this simplistic calculation, figuring that Jones NY made up 27% of sales in the first six months: 100/27*25 million (Jones NY sale price used as benchmark for other product lines) + 25 million(cash from Jones NY sale) + 24 million cash currently = 141.6 mil/9.4 mil. diluted shares out. = $15.06/share.