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Nike, Inc. Message Board

  • funkybrooster funkybrooster Dec 17, 1997 8:44 PM Flag

    Nike?

    How long do people think it will take for nke to rebound. How much farther do people think nke will fall? How long term do you have to be to see nke as a good stock?

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    • I have been buying NKE regularly since it's initial fall into the 50's around a year ago. I really can't understand how they get stuck with a 16 PE. Does anyone see light at the end of the tunnel?

      Does anyone see a downside from here?

      Somebody asked about Asia. Don't expect big sales growth out here in the next year. South East Asia is in the toilet for consumer spending.

      • 1 Reply to hartwell68
      • As someone stated earlier Nike is an American icon like Coke, McDonalds or 3M.They produce the best product on the market and are the best marketers in the world.I fully expect them to make earnings( the estimate is .30 below the previous quarter)They however like 3M are not immune to the hysteria of the times.
        Their lower cost of goods will help if not this quarter then next.
        Just hold on regardless-it will recover.

 
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81.97+0.46(+0.56%)Sep 18 4:00 PMEDT

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