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Non-Tech : Sports Authority (TSA) -- Ignore unavailable to you. Want to Upgrade?


To: David Spruiell who wrote (68)9/22/1999 11:29:00 AM
From: Jason W  Read Replies (1) | Respond to of 94
 
David,

My opinion plus four quarters is worth $1, but...

FEET is doomed. They have a massive cash burn rate, insane debt, and they are giving the store away with discounts...and it's STILL empty.. They paid much,much,much,much,much toooooo high a price to enter the Northeast Region. They will not recover in my opinion. Sorry about your loss on FEET, but I'd sell here and take the loss before this stock hits the pennies.

Or I could be wrong...but I doubt it:-)

Happy trading.

Jason W