I'd like to think you are right but I have my
doubts. I have owned various amounts of WWW throughout
the 90's and continue to own significant amounts. I
think WWW got lucky in the mid 90's by the Hush Puppies
fad and Cat boots happening at the same time. They
couldn't do much wrong then. How will they duplicate this?
Harley Davidson? Maybe.
IMO this stock is
currently worth $15-$17 at the most based on earnings
expectations. They need a new hit. Maybe a rebound in the world
economy will help. Let's hope.
I'm going to take a flyer and say we are on our
way. We have nuzzled our way to the 200-day avg. with
two nice volume days. This thing has been painful to
watch, but I'm confident this base (15 months) is
We have a gap between 19 3/4 and 20 11/16 which is
screaming "FILL ME".
Like Ice fishing, can I just
Anyone with a brain sold this stock at $25-$30
and then watch it full to earth. This stock willl
come back when the Cubs are in World Series.
to invest elsewhere or even buy bonds they'll beat
I saw a TV Commercial on the Bears vs.
Tampa(Embarrassing for me)
game this weekend. It was some guy
trouncing through the wetlands in a pair of wolverines. The
commercial was more exciting than the Game. It played on the
theme from their Playboy ads. Is it true that the 4th
qtr has most of their Advertising
I just read an article in the New Yorker about
brands and social status. Tommy Hilfiger got hot when it
learned to sell "Tommy Hills" to black youth, which led
to sales by white youth who want to buy what the
black kids buy.
So guess what else the kids are
buying -- "Tims" -- aka Timberland boots.
bad, I doubt that stuffy old WWW will ever make a
similar marketing decision. But check the stock price
appreciation on TBL and WWW.
I got a hair cut a Great Clips the other day and
while waiting thumbed through a teen magazine. Nice ad
for Cat's aimed at the teen market. Only other shoe
ad I remember in the magazine was for Skechers.
Out of plain stubbornness, if anything. WWW is a
(cyclical) value stock, lacking the marketing ability of a
TBL or Nike, but I still see a lot of value locked up
in WWW's strong brand names.
If we make 20 by
mid-2000, I'll be able to sell with a half-decent
I agree with you that the company is not entitled
to continually blame its problems on a "warm
winter." After all, they're not selling heating oil,
they're selling shoes -- so sell some damn shoes, WWW!