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Non-Tech : FINL (Finish Line) -- Ignore unavailable to you. Want to Upgrade?


To: Robert T. Harvey Jr. who wrote (120)12/11/1997 8:00:00 PM
From: Double Dipper  Read Replies (1) | Respond to of 209
 
TO ALL,

CNBC has been announcing all day that athletic footwear makers
are building inventory and forecasting slow sales across the
entire industry. Combine this with slowing retail sales and
the picture looks poor.

BUY LOW - SELL HIGH! I think this is a good buying op. The stock is down about six bucks or about 30% from its high of 19 1/4 a month ago. That looks to me like an oversold situation.
I picked some up today at 12 1/4 and am hoping we stabilize back at 15. This is an industry problem, not an internal company
problem driving down prices. IMHO, The company still has
growing sales and bigger market share than last year.

COMMENTS?

Kevin