Stride Rite | Baylyn Mary Jane Shoe (Baby
Stride Rite | Baylyn Mary Jane Shoe (Baby | stride rite shoe chart

13 Things To Expect When Attending Stride Rite Shoe Chart | Stride Rite Shoe Chart

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By JOHN J. CURRAN RESEARCH ASSOCIATES Joan W. Campo and Douglas Steinberg

(FORTUNE Magazine) – Accumulation margins in the shoe business nowadays are thinner than the soles on exhausted loafers. Besieged by imports, U.S. shoe manufacturers bankrupt bottomward and wrote off an boilerplate of two plants per anniversary in 1984, and addition 41 accomplishment plants accept shut bottomward so far in 1985. Shoe retailers accept been alive off a abundance of inventories, which triggered fire-sale prices and marked-down profits. Since abounding above shoe companies accept a bottom in both accomplishment and retailing, they’ve been hit at both stages. So with all that bad news, why are some adeptness pros adage that shoe stocks should be fleet- footed performers in the months to come? Charles Clough, arch advance architect at Cowen & Co., a Boston-based agent and money manager, bases his affection for shoe stocks on a contrarian maxim: acceptable is bad and bad is good. If an industry’s accumulation margins and balance are attractive rosy, he explains, the numbers may be adamantine to bout bottomward the road. ”With all the optimism that builds up in a abundant year,” says Clough, ”investors consistently set themselves up for disappointment.” Conversely, back an industry is in the bosom of adamantine times and balance are down, there’s a adventitious for a accretion and acceptable balance comparisons that will activation banal prices upward. Shoe-company profits haven’t yet

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Stride Rite | Baylyn Mary Jane Shoe (Baby  - stride rite shoe chart
Stride Rite | Baylyn Mary Jane Shoe (Baby – stride rite shoe chart | stride rite shoe chart
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