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Nike, Inc. Message Board

  • the_owner the_owner Dec 16, 1997 3:56 PM Flag

    Relax. Nike is a wonderful business.

    Nike International is a wonderful business so calm down about the short term earning paranoia and add to your position at these reasonable prices. Here is why:
    A. Nike has a great brand name which is not easily reproducible. Phil Knight understands this and therefore took up his marketing budget 100%. The swoosh is the most recognized logo in the world by people under the age of 30.
    B. Nike has the highest employee ownership % on the NYSE - 63%. Everyone there has their interests alligned with the shareholder.
    C. Look at the track record of excellance over the past 10 years. Success tends to follow success.

    More to come

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