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Non-Tech : Genesco (GCO) -- Ignore unavailable to you. Want to Upgrade?


To: Mad Duck who wrote (28)10/10/1998 6:33:00 PM
From: KipferlMeister  Read Replies (1) | Respond to of 66
 
From the August 19th press release:

"While earnings for the first half of the year were ahead of our plan, we now expect that the weakness in Jarman may prevent
third quarter earnings from exceeding last year's $0.35 per share."

This was the bugaboo I've seen quoted as responsible for cratering the stock. Ridiculous?? You bet, but that's the mood of the current market. Insiders are buying so I'd hold for better times.

Good luck...

-Michael