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Non-Tech : Stride Rite (SRR) Children's Shoes, Keds -- Ignore unavailable to you. Want to Upgrade?

To: tide who wrote (91)	3/10/1999 7:46:00 PM
From: Joseph Strohsahl	Respond to of 100

March 8,1999 Morgan Stanley Dean Witter Stride Rite (SRR, STRONG BUY, Price target $17) Stride Rite shares rose 4.4% in February. At the Financial Day in Atlanta, SRR's CEO Jim Eskridge reiterated the company's goal to grow sales 10% and profits 30% in each of the next three years. This will be done through the company's three growth vehicles, Keds', Stride Rite brand, and Sperry, as well as the Tommy Hilfiger license. During the month, the company agreed to license its brand name to Zyloware Corporation, which produces sunglasses. The Stride Rite sunglasses will be available at Stride Rite retail stores beginning in March, while Stride Rite prescription frames should be sold through Zyloware's distribution sources beginning in June. ----------------------------------------------------------------------

To: tide who wrote (91)	3/10/1999 7:47:00 PM
From: Joseph Strohsahl	Read Replies (1) \| Respond to of 100

SRR: Business Trends in Line with Expectations BancBoston Robertson Stephens Alexandra DalPan February 25, 1999 Synopsis The following synopsis is qualified in its entirety by the more detailed information contained in the full research report, including the discussion of certain risks associated with an investment in this security contained in "Investment Risks." Research dated prior to September 1, 1998 was prepared by an entity that was acquired by BancBoston Robertson Stephens Inc. Our research is available at: myresearch.com Key Points: · We believe that current business trends at Stride Rite are in line with expectations, with strong performers including the Tommy Hilfiger women's line and Keds product, as expected. · Comps in the company's own stores are trending approximately 9% higher than last year's levels on top of an 8.6% comp increase in Q1:98. Importantly, we believe that promotional activity has been below last year's levels, with sales of current spring merchandise driving the healthy comp increase. · Inventories appear to be clean at retail and at the company, boding well for margin strength in the quarter. · Given overall healthy trends quarter to date, we remain comfortable with our slightly above consensus Q1:99 estimate of $0.11 versus $0.09. --------------------------------------------------------------------------------