It's relatively simple more people think over priced for the current situation . I prefer TIF over COH .. so it can be people switching into TIF by selling COH shares only possibility. Why are you telling others COH is strong buy when you are not sure youself ?
Leslie; I feel differently about long term business prospect; how much this company can squeeze from bag business when competitors are catching up on COH success formula. Also I feel COH management is starting to worry about where future growth is going to come from. Result is more and more into other area beside their strong core business; meaning potential dilution from the main area of expertise. Beside stock price, I think COH business for next two years will be OK but not comfortable long term due to unclear business direction and competition in COH strong sector.