serious see 80 next week. they will digest this weekend and many will come to the conclusion the stock is cheap down here, by any measure. i have been in this business long enough and seen many of these kinds of sell off only to rebound down the line. know the business, know the numbers and know why they sold off.
Let us say the stock IS cheap. So what. There is six months before any real good news could move the stock and the growth is slow. The PE is only affected by selling Uggs. There is not reason for people to buy this stock before the fall. There are better places to put money.
Down after a cold winter says it all. Do not be stupid. Move on.
There really aren't many other places to put money. The move down today was warranted but, as always, a little overdone. People were saying the same thing last year (no news to move the stock in the off season) but the stock moved 50%+ from Mar 1 to May 1. Funds need to invest huge sums of money and this huge drop, based partially on a overreaction, will attract some buyers knowing that this could very well be another low ball estimate. Even with their "disappointing" 8-10% revenue increase estimate for FY14, the stock price should still command a 20 PE.
I think the most important news re: Deckers is that the UGGS brand is not dead.