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Non-Tech : The North Face (TNFI) -- Ignore unavailable to you. Want to Upgrade?

To: Barry Shore who wrote (108)	4/7/1998 8:26:00 PM
From: Bazmataz	Respond to of 236

Didn't like the way this was acting so I sold at 27 and actually shorted it. Covered today. I don't know why the stock is acting badly, but I know it is. Supoprt is just below 20. Look for another 10% on the downside, I'm afraid... BAz

To: Barry Shore who wrote (108)	4/9/1998 1:32:00 AM
From: Bollmonster	Read Replies (1) \| Respond to of 236

Barry, I've been following this stock off and on for a year now, and I think you have it about right. Stock should (historically) peak right after most of the winter buying season orders are in and all of the preorders are in. Then TNFI announces record pre-orders, and record fall and anticipated record winter Qs, and then the stock fades somewhat in light of lower visibility (lower earnings quarters for the spring and quarters when they have the highest costs.) I made a little money on this pattern last year...maybe I'll repeat the attempt. I'm still concerned about losing the "fashion o.k.", though, which is why I'm not ready to make this a long-term hold and I probably won't risk too much. Good luck, Bollmonster