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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: robt justine who wrote (2436)11/14/1997 9:17:00 AM
From: csm  Read Replies (1) | Respond to of 78626
 
Two things I noticed in looking at Hyde's 10Q very quickly. 1- They have $50M in inventory and receivables which is about 26 weeks of sales. 2- Their net profit margin is about 1.5%. The inventory and receivables may make the balance sheet look attractive but it may not be solid, especially with winter knocking at the door. I don't know what the running shoe trade is like but if product can be returned for credit then I would view these amounts as a yellow flag.

Not to say you shouldn't run with it but I would tread carefully <g>.

Stuart.