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Non-Tech : Just For Feet (FEET) -- Ignore unavailable to you. Want to Upgrade?


To: Steve Warkentin who wrote (615)7/28/1998 3:09:00 PM
From: lanac  Read Replies (1) | Respond to of 750
 
all I can say is that FEET is now valued very properly
it has a PE of 30 now down from 40 and as of today now midday the NASDAQ is plunging but FEET is holding and is up 1/4
if FEET will meet year end first call of 1.01 a share then it should be at $30 with A PE of 30 not bad
but I dont know what affect the new SS(sneker stadium) will have on FEET and how much is first call this year now with SS and FEET combined
remeber SS has a whopping 30% lower sales per store of FEET (FEET 6 million avg vs SS 4 million avg) and FEET bought it in hopes to get it up to date and in line with the FEET model stores and its a gamble that has to work out