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


To: David Alan Cook who wrote (36)3/11/1999 9:35:00 AM
From: Bret P  Read Replies (1) | Respond to of 66
 
Just a few PEs of other footwear Co.s.
Any industry comparison always cries out
for qualification and adjustment. But a
few participants do enjoy larger multiples.

GCO 4.41
BG 10.98
SRR 25.00
MAXS 6.12
PSS 12.60

GCO appears undervalued. What could be
market reservations at this point? Retail
potential looks healthy, management is
very proactive. Has a proven record of
growing profitable assets, and trimming
dead weight. Are we maybe in a pause where
earnings are just confirming the market support
evidenced over the last quarter ,"good news already discounted"?
Any thoughts appreciated.