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NIKE, Inc. Message Board

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  • StockMaster_1 StockMaster_1 Dec 3, 1997 6:13 PM Flag

    what to expect

    From my experience in doing business in the shoe/apparel sector I do not see a desertion from Nike to the competition. I have done business with the competition like(Reebok, Fila, Addidas, Converse, LA Gear, K-Swiss), and I have seen major declines in
    the sales in them, but not in Nike. Nike still hold strong in the sales in my business, and I do believe it is growing, at what rate I don't really know. The reason for the bad stock performance, and the lower earning per share is due to: 1st the bad publicity it is getting from the activists, 2st it is investing lots of money into different countries, and that it is
    lowering its earning per share, and that is what the economist, and the big people really care about.
    It is going to take some time before those investments pay off, but when it does it is going to be big

 
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