Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Nike -- Ignore unavailable to you. Want to Upgrade?

To: Duker who wrote (2317)	3/19/1999 3:31:00 PM
From: Brian Malloy	Read Replies (2) \| Respond to of 2403

Good day for NKE. UP strong on a down day with heavy heavy buying so far. Looks like people may think they have turned the corner. Athletic footwear maker Nike (NYSE: NKE) sprinted ahead $4 7/16 to $59 7/16 after posting fiscal Q3 EPS of $0.44 a share, up from $0.25 last year and ahead of the First Call mean estimate of $0.38. CEO Phil Knight said the company is beginning to see "signs of increased consumer demand for our footwear" but he remains "cautious on our prospects for near-term growth." Proof of improving demand came from worldwide futures orders, which slid only 4% compared to a 10% drop last quarter. Both BT Alex. Brown and Hambrecht & Quist upgraded the stock today.