I listened to the SKX conference call at 1pm ET
this afternoon. The outlook for Q4 is very positive.
The chairman indicated that the backlog in Q3 is
30-35% higher than Q3 last year and is the highest ever.
So the outlook for Q4 is strong, and remember,
STOCKS TRADE ON EXPECTED EARNINGS, NOT PAST EARNINGS.
The number that I dialed for the call is
1-888-469-1340(replay should be there). The password is SKX, and you
probably need to mention the name of SKX' chairman Robert
In addition, I just saw the most updated report on
SKX which was release today from BT Alex Brown on
First Call. They still remain a BUY rating on
I wish all of you, longs and shorts, not insult
others personally on this message board because you have
different opinions on SKX.
The wierdos are gone because the bad news is
finally public. They were just a bunch of shorts doing
their best to talk the stock price down and discourage
any long interest. Once the pre-announcment came out
& the price bottomed it wasn't worth their time.
Yo ben -- if your here than at least one weirdo
What did you an axe have for
Only axe had his plug pulled;he has a very funny post
on this board about the experience -- its full of
lies but very funny too.
He is an idiot.I think he is just another axe ID
-- this ID pops up on boards axe frequents to pump
up axe and whatever crap stock axe is pushing.If he
isn't axe he is a groupie -- but a moron too.
ben -- broke yet? How is your ACMR doing?
5% earnings growth for 2000? (You said their
estimates were revised downward to .57 in 1999 and .60 in
I sincerely hope they are just building in a huge
cushion after ending up with major egg on their face by
recommending this turkey to their clients at $11.
light of their projecting EPS to grow at a breathtaking
5% clip next year, surely they will have to
downgrade from a "Strong Buy" to a "Hold". Do you know what
their current recommendation is?
optimistic about the 4th quarter and plan to stay long, but
if their claims of great orders in the 4th quarter
etc are B.S., I'm outa here.
so I lost 3% today.I am now down 41% as my
average price is apx $6.75 per share.I will get out if it
slides to $3.50 as that will be about 50%.
do people think,will it go up from here? anyone?
I promise this'll be my last message
Prudential's revised numbers according to First Call are 0.57
for FY99 and 0.60 for FY00, or 0.10 lower than DBAB
for next year.
I reiterate my earlier
statement that it's all in the individual's interpretation
of the facts. Based on the existing brand, styles,
momentum, the estimates for next year are not much higher
than this year.
However, this leaves
significant potential for upside surprise if you are a
believer in the product and/or management.
expecting a dead-cat bounce back toward the 5 level as
bottom fishing comes into play. As of yet, we have not
seen any recovery from this latest hit.
luck to all.